	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,580	£42,204	£43,259	£44,340	£45,670	£217,053
Total Expenses	£31,439	£31,512	£31,629	£31,748	£31,892	£158,219
Profit Before Tax	£10,141	£10,691	£11,630	£12,592	£13,779	£58,834
Profit After Tax	£8,215	£8,660	£9,420	£10,200	£11,161	£47,656
Change In Property Value	£7	£7	£13,500	£24,098	£32,068	£69,679
Net Return	£8,221	£8,667	£22,921	£34,298	£43,228	£117,335
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%