	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,424	£39,000	£39,585	£40,575	£41,589	£199,174
Total Expenses	£29,169	£29,277	£29,376	£29,517	£29,661	£147,001
Profit Before Tax	£9,255	£9,723	£10,209	£11,058	£11,928	£52,173
Profit After Tax	£7,496	£7,876	£8,269	£8,957	£9,662	£42,260
Change In Property Value	£7	£14,500	£25,883	£34,443	£23,995	£98,828
Net Return	£7,504	£22,376	£34,152	£43,399	£33,657	£141,088
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	58%