	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,804	£37,356	£38,290	£39,247	£40,425	£192,122
Total Expenses	£28,494	£28,595	£28,731	£28,871	£29,031	£143,721
Profit Before Tax	£8,310	£8,761	£9,559	£10,377	£11,394	£48,401
Profit After Tax	£6,731	£7,097	£7,743	£8,405	£9,229	£39,205
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£6,737	£7,102	£19,243	£28,933	£36,546	£98,561
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%