	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,496	£29,938	£30,687	£31,454	£32,398	£153,973
Total Expenses	£23,287	£23,343	£23,428	£23,516	£23,621	£117,196
Profit Before Tax	£6,209	£6,596	£7,258	£7,938	£8,777	£36,777
Profit After Tax	£5,029	£5,342	£5,879	£6,430	£7,109	£29,790
Change In Property Value	£5	£5	£10,000	£17,850	£23,754	£51,614
Net Return	£5,034	£5,347	£15,880	£24,280	£30,863	£81,404
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%