	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,372	£36,918	£37,471	£38,408	£39,368	£188,537
Total Expenses	£28,675	£28,779	£28,875	£29,011	£29,150	£144,490
Profit Before Tax	£7,698	£8,139	£8,596	£9,397	£10,219	£44,048
Profit After Tax	£6,235	£6,592	£6,963	£7,612	£8,277	£35,679
Change In Property Value	£7	£14,320	£25,561	£34,015	£23,697	£97,601
Net Return	£6,242	£20,912	£32,524	£41,627	£31,974	£133,280
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%