	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,124	£29,561	£30,300	£31,057	£31,989	£152,031
Total Expenses	£22,965	£23,054	£23,171	£23,291	£23,427	£115,907
Profit Before Tax	£6,159	£6,507	£7,129	£7,767	£8,563	£36,124
Profit After Tax	£4,989	£5,270	£5,774	£6,291	£6,936	£29,261
Change In Property Value	£5	£5	£9,100	£16,244	£21,616	£46,969
Net Return	£4,994	£5,275	£14,875	£22,535	£28,552	£76,230
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	19%	52%