	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,200	£40,803	£41,823	£42,869	£44,155	£209,849
Total Expenses	£29,823	£29,929	£30,074	£30,223	£30,394	£150,443
Profit Before Tax	£10,377	£10,874	£11,749	£12,646	£13,761	£59,406
Profit After Tax	£8,405	£8,808	£9,517	£10,243	£11,146	£48,119
Change In Property Value	£6	£6	£11,999	£21,419	£28,502	£61,932
Net Return	£8,411	£8,814	£21,516	£31,662	£39,648	£110,051
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%