	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,304	£32,789	£33,608	£34,448	£35,482	£168,631
Total Expenses	£24,076	£24,170	£24,295	£24,423	£24,569	£121,535
Profit Before Tax	£8,228	£8,618	£9,313	£10,025	£10,913	£47,097
Profit After Tax	£6,665	£6,981	£7,543	£8,120	£8,839	£38,148
Change In Property Value	£5	£5	£9,500	£16,958	£22,566	£49,034
Net Return	£6,669	£6,985	£17,044	£25,078	£31,405	£87,182
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	4%	5%	11%	16%	20%	56%