	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,840	£37,393	£37,953	£38,902	£39,875	£190,963
Total Expenses	£28,046	£28,151	£28,248	£28,385	£28,525	£141,354
Profit Before Tax	£8,794	£9,242	£9,706	£10,518	£11,350	£49,610
Profit After Tax	£7,123	£7,486	£7,861	£8,519	£9,194	£40,184
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£7,130	£21,386	£32,673	£41,537	£32,196	£134,922
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	58%