	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,168	£33,666	£34,507	£35,370	£36,431	£173,141
Total Expenses	£24,956	£25,052	£25,179	£25,309	£25,458	£125,953
Profit Before Tax	£8,212	£8,614	£9,328	£10,061	£10,973	£47,188
Profit After Tax	£6,652	£6,977	£7,556	£8,149	£8,888	£38,223
Change In Property Value	£5	£5	£9,900	£17,672	£23,516	£51,098
Net Return	£6,657	£6,982	£17,456	£25,821	£32,405	£89,321
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%