	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,876	£40,474	£41,081	£42,108	£43,161	£206,701
Total Expenses	£31,245	£31,355	£31,457	£31,601	£31,749	£157,406
Profit Before Tax	£8,631	£9,119	£9,625	£10,507	£11,412	£49,294
Profit After Tax	£6,991	£7,387	£7,796	£8,511	£9,244	£39,928
Change In Property Value	£8	£15,700	£28,025	£37,293	£25,981	£107,007
Net Return	£6,999	£23,087	£35,821	£45,804	£35,225	£146,935
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%