	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,356	£31,826	£32,304	£33,111	£33,939	£162,537
Total Expenses	£21,975	£22,035	£22,093	£22,184	£22,278	£110,565
Profit Before Tax	£9,381	£9,791	£10,211	£10,927	£11,662	£51,972
Profit After Tax	£7,598	£7,931	£8,271	£8,851	£9,446	£42,097
Change In Property Value	£6	£11,400	£20,349	£27,079	£18,865	£77,699
Net Return	£7,604	£19,331	£28,620	£35,930	£28,311	£119,796
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	10%	15%	19%	15%	64%