	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,324	£39,914	£40,513	£41,525	£42,564	£203,839
Total Expenses	£30,836	£30,945	£31,046	£31,189	£31,335	£155,350
Profit Before Tax	£8,488	£8,969	£9,467	£10,337	£11,228	£48,489
Profit After Tax	£6,875	£7,265	£7,668	£8,373	£9,095	£39,276
Change In Property Value	£8	£15,480	£27,632	£36,770	£25,617	£105,507
Net Return	£6,883	£22,745	£35,300	£45,143	£34,712	£144,783
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%