	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,648	£37,198	£38,128	£39,081	£40,253	£191,308
Total Expenses	£29,271	£29,372	£29,508	£29,648	£29,807	£147,607
Profit Before Tax	£7,377	£7,825	£8,619	£9,433	£10,446	£43,700
Profit After Tax	£5,975	£6,339	£6,982	£7,641	£8,461	£35,397
Change In Property Value	£6	£6	£11,900	£21,242	£28,267	£61,421
Net Return	£5,981	£6,344	£18,882	£28,883	£36,728	£96,818
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%