	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,960	£37,514	£38,452	£39,414	£40,596	£192,936
Total Expenses	£28,001	£28,068	£28,172	£28,280	£28,408	£140,929
Profit Before Tax	£8,959	£9,446	£10,280	£11,134	£12,188	£52,007
Profit After Tax	£7,257	£7,652	£8,327	£9,019	£9,872	£42,125
Change In Property Value	£6	£6	£12,000	£21,420	£28,504	£61,937
Net Return	£7,263	£7,658	£20,327	£30,439	£38,376	£104,063
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%