	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,008	£43,653	£44,744	£45,863	£47,239	£224,508
Total Expenses	£31,395	£31,506	£31,658	£31,814	£31,994	£158,366
Profit Before Tax	£11,613	£12,147	£13,087	£14,049	£15,245	£66,141
Profit After Tax	£9,406	£9,839	£10,600	£11,380	£12,349	£53,575
Change In Property Value	£6	£6	£12,650	£22,581	£30,048	£65,292
Net Return	£9,413	£9,846	£23,250	£33,961	£42,397	£118,867
Return From Rental Income (%)	4%	5%	5%	5%	6%	26%
Total Net Return (%)	4%	5%	11%	16%	20%	57%