	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,640	£36,175	£36,717	£37,635	£38,576	£184,743
Total Expenses	£26,800	£26,903	£26,998	£27,132	£27,269	£135,101
Profit Before Tax	£8,841	£9,272	£9,719	£10,503	£11,307	£49,642
Profit After Tax	£7,161	£7,510	£7,872	£8,508	£9,159	£40,210
Change In Property Value	£7	£13,200	£23,562	£31,355	£21,844	£89,967
Net Return	£7,167	£20,710	£31,435	£39,862	£31,003	£130,177
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	9%	14%	18%	14%	59%