	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,448	£32,935	£33,429	£34,264	£35,121	£168,197
Total Expenses	£22,941	£23,040	£23,130	£23,256	£23,384	£115,750
Profit Before Tax	£9,507	£9,895	£10,299	£11,009	£11,737	£52,447
Profit After Tax	£7,701	£8,015	£8,342	£8,917	£9,507	£42,482
Change In Property Value	£6	£11,000	£19,635	£26,129	£18,203	£74,973
Net Return	£7,706	£19,015	£27,977	£35,046	£27,710	£117,455
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	11%	15%	19%	15%	68%