	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,004	£29,439	£30,175	£30,929	£31,857	£151,405
Total Expenses	£23,238	£23,293	£23,377	£23,464	£23,567	£116,939
Profit Before Tax	£5,766	£6,146	£6,798	£7,466	£8,290	£34,466
Profit After Tax	£4,671	£4,978	£5,506	£6,047	£6,715	£27,917
Change In Property Value	£5	£5	£10,000	£17,850	£23,754	£51,614
Net Return	£4,676	£4,983	£15,506	£23,898	£30,469	£79,532
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	9%	15%	19%	49%