	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,200	£43,848	£44,944	£46,068	£47,450	£225,510
Total Expenses	£31,601	£31,677	£31,797	£31,921	£32,069	£159,065
Profit Before Tax	£11,599	£12,171	£13,147	£14,147	£15,380	£66,445
Profit After Tax	£9,395	£9,859	£10,649	£11,459	£12,458	£53,820
Change In Property Value	£7	£7	£13,500	£24,098	£32,068	£69,679
Net Return	£9,402	£9,865	£24,149	£35,557	£44,526	£123,500
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%