	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,440	£22,777	£23,118	£23,696	£24,289	£116,320
Total Expenses	£14,862	£14,945	£15,021	£15,120	£15,222	£75,170
Profit Before Tax	£7,578	£7,831	£8,098	£8,576	£9,067	£41,150
Profit After Tax	£6,138	£6,343	£6,559	£6,947	£7,344	£33,331
Change In Property Value	£3	£6,600	£11,781	£15,677	£10,922	£44,984
Net Return	£6,142	£12,943	£18,340	£22,624	£18,266	£78,315
Return From Rental Income (%)	6%	6%	6%	7%	7%	32%
Total Net Return (%)	6%	12%	18%	22%	18%	75%