	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,920	£32,399	£32,885	£33,707	£34,550	£165,460
Total Expenses	£23,532	£23,630	£23,719	£23,843	£23,970	£118,694
Profit Before Tax	£8,388	£8,769	£9,166	£9,864	£10,579	£46,766
Profit After Tax	£6,794	£7,103	£7,424	£7,990	£8,569	£37,880
Change In Property Value	£6	£11,400	£20,349	£27,079	£18,865	£77,699
Net Return	£6,800	£18,503	£27,773	£35,069	£27,434	£115,579
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	61%