	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,136	£26,528	£26,926	£27,599	£28,289	£135,478
Total Expenses	£17,162	£17,251	£17,332	£17,441	£17,553	£86,738
Profit Before Tax	£8,974	£9,277	£9,594	£10,158	£10,736	£48,740
Profit After Tax	£7,269	£7,514	£7,771	£8,228	£8,697	£39,479
Change In Property Value	£4	£7,800	£13,923	£18,528	£12,908	£53,162
Net Return	£7,273	£15,314	£21,694	£26,756	£21,604	£92,642
Return From Rental Income (%)	6%	6%	6%	7%	7%	32%
Total Net Return (%)	6%	12%	17%	21%	17%	74%