	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,208	£32,691	£33,181	£34,011	£34,861	£166,953
Total Expenses	£23,400	£23,498	£23,588	£23,713	£23,840	£118,039
Profit Before Tax	£8,808	£9,193	£9,593	£10,298	£11,021	£48,914
Profit After Tax	£7,135	£7,446	£7,771	£8,342	£8,927	£39,620
Change In Property Value	£6	£11,300	£20,171	£26,841	£18,700	£77,017
Net Return	£7,140	£18,747	£27,941	£35,183	£27,626	£116,638
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	10%	15%	19%	15%	63%