	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,520	£39,098	£40,075	£41,077	£42,309	£201,080
Total Expenses	£28,665	£28,769	£28,910	£29,054	£29,220	£144,617
Profit Before Tax	£9,855	£10,329	£11,166	£12,023	£13,090	£56,463
Profit After Tax	£7,982	£8,366	£9,044	£9,739	£10,603	£45,735
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£7,988	£8,372	£20,544	£30,267	£37,920	£105,091
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%