	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,648	£40,243	£41,249	£42,280	£43,548	£206,968
Total Expenses	£30,254	£30,325	£30,436	£30,550	£30,687	£152,251
Profit Before Tax	£9,394	£9,918	£10,813	£11,730	£12,861	£54,717
Profit After Tax	£7,610	£8,034	£8,758	£9,501	£10,417	£44,320
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£7,616	£8,040	£21,759	£32,707	£41,297	£111,419
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%