	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,916	£30,365	£31,124	£31,902	£32,859	£156,166
Total Expenses	£20,949	£21,005	£21,092	£21,180	£21,287	£105,512
Profit Before Tax	£8,967	£9,360	£10,032	£10,722	£11,572	£50,653
Profit After Tax	£7,264	£7,581	£8,126	£8,684	£9,374	£41,029
Change In Property Value	£4	£4	£8,800	£15,708	£20,903	£45,421
Net Return	£7,268	£7,586	£16,926	£24,393	£30,277	£86,450
Return From Rental Income (%)	5%	5%	6%	6%	7%	29%
Total Net Return (%)	5%	5%	12%	17%	21%	61%