	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,440	£38,002	£38,572	£39,536	£40,524	£194,073
Total Expenses	£28,910	£29,016	£29,114	£29,252	£29,394	£145,687
Profit Before Tax	£8,530	£8,985	£9,457	£10,283	£11,130	£48,387
Profit After Tax	£6,909	£7,278	£7,661	£8,330	£9,016	£39,193
Change In Property Value	£7	£14,400	£25,704	£34,205	£23,829	£98,146
Net Return	£6,917	£21,678	£33,365	£42,535	£32,845	£137,339
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%