	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,480	£30,937	£31,401	£32,186	£32,991	£157,996
Total Expenses	£22,853	£22,911	£22,968	£23,057	£23,148	£114,937
Profit Before Tax	£7,627	£8,026	£8,433	£9,129	£9,843	£43,059
Profit After Tax	£6,178	£6,501	£6,831	£7,395	£7,973	£34,878
Change In Property Value	£6	£12,000	£21,420	£28,504	£19,858	£81,788
Net Return	£6,184	£18,501	£28,251	£35,899	£27,831	£116,666
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	9%	14%	18%	14%	59%