	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,348	£36,893	£37,816	£38,761	£39,924	£189,741
Total Expenses	£29,043	£29,144	£29,279	£29,417	£29,576	£146,459
Profit Before Tax	£7,305	£7,750	£8,537	£9,344	£10,348	£43,283
Profit After Tax	£5,917	£6,277	£6,915	£7,568	£8,382	£35,059
Change In Property Value	£6	£6	£11,800	£21,063	£28,029	£60,905
Net Return	£5,923	£6,283	£18,715	£28,632	£36,411	£95,964
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%