	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,244	£32,728	£33,219	£34,049	£34,900	£167,140
Total Expenses	£23,673	£23,734	£23,793	£23,887	£23,982	£119,069
Profit Before Tax	£8,571	£8,994	£9,425	£10,162	£10,918	£48,071
Profit After Tax	£6,943	£7,285	£7,635	£8,232	£8,843	£38,937
Change In Property Value	£6	£12,400	£22,134	£29,454	£20,520	£84,515
Net Return	£6,949	£19,685	£29,769	£37,686	£29,363	£123,452
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	14%	18%	14%	60%