	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,800	£32,277	£32,761	£33,580	£34,420	£164,838
Total Expenses	£22,983	£23,044	£23,102	£23,195	£23,289	£115,613
Profit Before Tax	£8,817	£9,233	£9,659	£10,386	£11,130	£49,225
Profit After Tax	£7,141	£7,479	£7,824	£8,412	£9,016	£39,872
Change In Property Value	£6	£11,999	£21,418	£28,502	£19,856	£81,782
Net Return	£7,147	£19,478	£29,242	£36,914	£28,872	£121,654
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	61%