	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,376	£29,817	£30,264	£31,020	£31,796	£152,273
Total Expenses	£21,616	£21,673	£21,728	£21,814	£21,902	£108,734
Profit Before Tax	£7,760	£8,144	£8,536	£9,206	£9,894	£43,539
Profit After Tax	£6,285	£6,596	£6,914	£7,457	£8,014	£35,267
Change In Property Value	£6	£11,300	£20,171	£26,841	£18,700	£77,017
Net Return	£6,291	£17,896	£27,085	£34,299	£26,713	£112,284
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	18%	14%	60%