	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,268	£41,887	£42,934	£44,008	£45,328	£215,425
Total Expenses	£32,709	£32,817	£32,965	£33,116	£33,291	£164,897
Profit Before Tax	£8,559	£9,070	£9,970	£10,892	£12,037	£50,528
Profit After Tax	£6,933	£7,347	£8,075	£8,822	£9,750	£40,927
Change In Property Value	£7	£7	£13,400	£23,919	£31,830	£69,163
Net Return	£6,939	£7,353	£21,476	£32,742	£41,580	£110,090
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%