	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,892	£42,520	£43,583	£44,673	£46,013	£218,682
Total Expenses	£31,668	£31,743	£31,860	£31,980	£32,124	£159,374
Profit Before Tax	£10,224	£10,778	£11,724	£12,693	£13,889	£59,308
Profit After Tax	£8,281	£8,730	£9,496	£10,282	£11,250	£48,039
Change In Property Value	£7	£7	£13,600	£24,276	£32,305	£70,195
Net Return	£8,288	£8,737	£23,097	£34,558	£43,555	£118,235
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%