	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,604	£42,228	£43,284	£44,366	£45,697	£217,179
Total Expenses	£30,449	£30,523	£30,639	£30,759	£30,902	£153,272
Profit Before Tax	£11,155	£11,705	£12,644	£13,607	£14,795	£63,906
Profit After Tax	£9,035	£9,481	£10,242	£11,022	£11,984	£51,764
Change In Property Value	£7	£7	£13,000	£23,205	£30,880	£67,099
Net Return	£9,042	£9,488	£23,242	£34,227	£42,863	£118,862
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%