	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,884	£38,452	£39,414	£40,399	£41,611	£197,760
Total Expenses	£28,689	£28,757	£28,864	£28,973	£29,105	£144,387
Profit Before Tax	£9,195	£9,695	£10,550	£11,426	£12,506	£53,372
Profit After Tax	£7,448	£7,853	£8,545	£9,255	£10,130	£43,231
Change In Property Value	£6	£6	£12,300	£21,956	£29,217	£63,486
Net Return	£7,454	£7,859	£20,846	£31,211	£39,347	£106,717
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%