	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,200	£31,668	£32,143	£32,947	£33,770	£161,728
Total Expenses	£24,534	£24,593	£24,651	£24,742	£24,835	£123,354
Profit Before Tax	£6,666	£7,075	£7,492	£8,205	£8,936	£38,374
Profit After Tax	£5,400	£5,731	£6,069	£6,646	£7,238	£31,083
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£5,406	£18,731	£29,274	£37,526	£28,751	£119,687
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	14%	17%	13%	55%