	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,056	£37,612	£38,552	£39,516	£40,701	£193,437
Total Expenses	£29,994	£30,061	£30,166	£30,274	£30,403	£150,898
Profit Before Tax	£7,062	£7,550	£8,386	£9,242	£10,299	£42,539
Profit After Tax	£5,720	£6,116	£6,793	£7,486	£8,342	£34,457
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£5,726	£6,122	£19,793	£30,692	£39,222	£101,555
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	14%	18%	47%