	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,172	£35,700	£36,592	£37,507	£38,632	£183,603
Total Expenses	£26,347	£26,445	£26,578	£26,713	£26,868	£132,950
Profit Before Tax	£8,825	£9,254	£10,015	£10,794	£11,764	£50,652
Profit After Tax	£7,149	£7,496	£8,112	£8,743	£9,529	£41,028
Change In Property Value	£5	£5	£10,500	£18,743	£24,941	£54,195
Net Return	£7,154	£7,501	£18,612	£27,486	£34,470	£95,223
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%