	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,500	£31,972	£32,452	£33,263	£34,095	£163,283
Total Expenses	£22,042	£22,139	£22,228	£22,351	£22,477	£111,237
Profit Before Tax	£9,458	£9,833	£10,224	£10,912	£11,618	£52,046
Profit After Tax	£7,661	£7,965	£8,281	£8,839	£9,411	£42,157
Change In Property Value	£5	£10,500	£18,743	£24,941	£17,376	£71,565
Net Return	£7,666	£18,465	£27,024	£33,780	£26,786	£113,722
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	4%	11%	16%	20%	16%	66%