	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,452	£28,879	£29,312	£30,045	£30,796	£147,483
Total Expenses	£22,863	£22,956	£23,040	£23,155	£23,273	£115,288
Profit Before Tax	£5,589	£5,923	£6,272	£6,889	£7,523	£32,196
Profit After Tax	£4,527	£4,798	£5,080	£5,580	£6,093	£26,079
Change In Property Value	£6	£11,200	£19,992	£26,604	£18,534	£76,336
Net Return	£4,533	£15,998	£25,072	£32,184	£24,628	£102,414
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	17%	13%	56%