	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,560	£32,033	£32,834	£33,655	£34,665	£164,747
Total Expenses	£24,882	£24,941	£25,032	£25,125	£25,236	£125,216
Profit Before Tax	£6,678	£7,092	£7,802	£8,530	£9,428	£39,531
Profit After Tax	£5,409	£5,745	£6,320	£6,909	£7,637	£32,020
Change In Property Value	£5	£5	£10,700	£19,100	£25,416	£55,227
Net Return	£5,414	£5,750	£17,020	£26,009	£33,053	£87,248
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%