	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,176	£28,599	£29,028	£29,753	£30,497	£146,053
Total Expenses	£21,818	£21,873	£21,926	£22,009	£22,094	£109,721
Profit Before Tax	£6,358	£6,726	£7,101	£7,744	£8,403	£36,332
Profit After Tax	£5,150	£5,448	£5,752	£6,273	£6,806	£29,429
Change In Property Value	£6	£11,500	£20,528	£27,317	£19,031	£78,381
Net Return	£5,156	£16,948	£26,280	£33,589	£25,837	£107,809
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%