	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,424	£35,955	£36,854	£37,776	£38,909	£184,918
Total Expenses	£28,356	£28,455	£28,588	£28,724	£28,879	£143,001
Profit Before Tax	£7,068	£7,501	£8,267	£9,052	£10,029	£41,917
Profit After Tax	£5,725	£6,076	£6,696	£7,332	£8,124	£33,953
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£5,731	£6,081	£18,196	£27,860	£35,441	£93,309
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%