	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,200	£37,758	£38,702	£39,669	£40,860	£194,189
Total Expenses	£28,025	£28,092	£28,197	£28,305	£28,435	£141,055
Profit Before Tax	£9,175	£9,666	£10,505	£11,364	£12,425	£53,134
Profit After Tax	£7,432	£7,829	£8,509	£9,205	£10,064	£43,039
Change In Property Value	£6	£6	£12,000	£21,420	£28,504	£61,937
Net Return	£7,438	£7,835	£20,509	£30,626	£38,569	£104,976
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	4%	10%	15%	19%	53%