	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,560	£35,078	£35,955	£36,854	£37,960	£180,408
Total Expenses	£26,881	£26,978	£27,109	£27,243	£27,396	£135,607
Profit Before Tax	£7,680	£8,100	£8,846	£9,611	£10,564	£44,801
Profit After Tax	£6,220	£6,561	£7,166	£7,785	£8,557	£36,289
Change In Property Value	£5	£5	£10,800	£19,278	£25,654	£55,743
Net Return	£6,226	£6,566	£17,966	£27,064	£34,211	£92,032
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	4%	10%	15%	19%	52%