	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,100	£35,626	£36,161	£37,065	£37,992	£181,944
Total Expenses	£26,424	£26,526	£26,621	£26,753	£26,888	£133,212
Profit Before Tax	£8,676	£9,100	£9,540	£10,312	£11,103	£48,731
Profit After Tax	£7,028	£7,371	£7,727	£8,353	£8,994	£39,472
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£7,034	£20,371	£30,933	£39,232	£30,506	£128,077
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	9%	14%	18%	14%	59%