	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,760	£33,251	£33,750	£34,594	£35,459	£169,814
Total Expenses	£24,046	£24,108	£24,168	£24,263	£24,360	£120,945
Profit Before Tax	£8,714	£9,144	£9,582	£10,331	£11,099	£48,869
Profit After Tax	£7,058	£7,406	£7,762	£8,368	£8,990	£39,584
Change In Property Value	£6	£12,600	£22,491	£29,929	£20,851	£85,878
Net Return	£7,064	£20,006	£30,253	£38,298	£29,841	£125,462
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	14%	18%	14%	60%