	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,148	£41,765	£42,392	£43,451	£44,538	£213,294
Total Expenses	£32,177	£32,288	£32,392	£32,540	£32,691	£162,087
Profit Before Tax	£8,971	£9,477	£10,000	£10,912	£11,847	£51,207
Profit After Tax	£7,267	£7,676	£8,100	£8,839	£9,596	£41,477
Change In Property Value	£8	£16,200	£28,917	£38,481	£26,808	£110,414
Net Return	£7,275	£23,876	£37,017	£47,319	£36,404	£151,892
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%