	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,120	£33,617	£34,121	£34,974	£35,848	£171,680
Total Expenses	£23,921	£23,984	£24,044	£24,140	£24,238	£120,327
Profit Before Tax	£9,199	£9,633	£10,077	£10,834	£11,610	£51,353
Profit After Tax	£7,451	£7,803	£8,162	£8,776	£9,404	£41,596
Change In Property Value	£6	£12,500	£22,313	£29,692	£20,685	£85,196
Net Return	£7,457	£20,303	£30,475	£38,467	£30,090	£126,792
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	61%