	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,876	£37,429	£38,365	£39,324	£40,504	£192,498
Total Expenses	£28,984	£29,051	£29,156	£29,262	£29,391	£145,845
Profit Before Tax	£7,892	£8,378	£9,209	£10,062	£11,113	£46,653
Profit After Tax	£6,392	£6,786	£7,460	£8,150	£9,001	£37,789
Change In Property Value	£6	£6	£12,500	£22,313	£29,692	£64,518
Net Return	£6,398	£6,792	£19,960	£30,463	£38,693	£102,307
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%