	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,396	£30,852	£31,623	£32,414	£33,386	£158,671
Total Expenses	£23,885	£23,977	£24,097	£24,220	£24,360	£120,539
Profit Before Tax	£6,511	£6,875	£7,526	£8,194	£9,027	£38,133
Profit After Tax	£5,274	£5,569	£6,096	£6,637	£7,311	£30,887
Change In Property Value	£5	£5	£9,500	£16,958	£22,566	£49,034
Net Return	£5,278	£5,574	£15,597	£23,595	£29,878	£79,921
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	19%	52%