	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,924	£34,433	£34,949	£35,823	£36,719	£175,848
Total Expenses	£24,484	£24,548	£24,610	£24,708	£24,808	£123,157
Profit Before Tax	£9,440	£9,885	£10,340	£11,116	£11,911	£52,691
Profit After Tax	£7,646	£8,007	£8,375	£9,004	£9,648	£42,680
Change In Property Value	£6	£12,800	£22,848	£30,404	£21,182	£87,241
Net Return	£7,652	£20,807	£31,223	£39,408	£30,830	£129,921
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	61%