	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,600	£34,104	£34,616	£35,481	£36,368	£174,168
Total Expenses	£24,665	£24,765	£24,858	£24,986	£25,117	£124,391
Profit Before Tax	£8,935	£9,339	£9,758	£10,495	£11,251	£49,777
Profit After Tax	£7,237	£7,564	£7,904	£8,501	£9,113	£40,320
Change In Property Value	£6	£12,000	£21,420	£28,504	£19,858	£81,788
Net Return	£7,243	£19,564	£29,324	£37,005	£28,971	£122,108
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	62%