	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£42,168	£42,801	£43,443	£44,529	£45,642	£218,581
Total Expenses	£32,922	£33,035	£33,141	£33,291	£33,445	£165,834
Profit Before Tax	£9,246	£9,765	£10,302	£11,238	£12,197	£52,748
Profit After Tax	£7,489	£7,910	£8,345	£9,102	£9,879	£42,726
Change In Property Value	£8	£16,600	£29,631	£39,431	£27,470	£113,141
Net Return	£7,498	£24,510	£37,976	£48,533	£37,350	£155,866
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%