	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,748	£39,329	£39,919	£40,917	£41,940	£200,854
Total Expenses	£29,310	£29,381	£29,450	£29,561	£29,674	£147,376
Profit Before Tax	£9,438	£9,948	£10,469	£11,357	£12,267	£53,478
Profit After Tax	£7,644	£8,058	£8,480	£9,199	£9,936	£43,317
Change In Property Value	£8	£15,500	£27,668	£36,818	£25,650	£105,643
Net Return	£7,652	£23,558	£36,148	£46,017	£35,586	£148,960
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	57%