	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,616	£36,150	£36,692	£37,610	£38,550	£184,619
Total Expenses	£27,601	£27,705	£27,800	£27,934	£28,070	£139,111
Profit Before Tax	£8,015	£8,445	£8,892	£9,676	£10,480	£45,508
Profit After Tax	£6,492	£6,841	£7,203	£7,838	£8,489	£36,862
Change In Property Value	£7	£13,700	£24,455	£32,542	£22,671	£93,375
Net Return	£6,499	£20,541	£31,658	£40,380	£31,160	£130,237
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%