	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,144	£36,686	£37,236	£38,167	£39,122	£187,356
Total Expenses	£27,976	£28,080	£28,176	£28,311	£28,449	£140,993
Profit Before Tax	£8,168	£8,606	£9,060	£9,856	£10,672	£46,363
Profit After Tax	£6,616	£6,971	£7,339	£7,983	£8,645	£37,554
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£6,623	£20,871	£32,150	£41,001	£31,647	£132,292
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%