	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,004	£35,529	£36,062	£36,964	£37,888	£181,446
Total Expenses	£26,523	£26,588	£26,651	£26,752	£26,855	£133,369
Profit Before Tax	£8,481	£8,941	£9,411	£10,211	£11,033	£48,077
Profit After Tax	£6,870	£7,242	£7,623	£8,271	£8,936	£38,942
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£6,877	£21,242	£32,613	£41,526	£32,104	£134,362
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	58%