	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£45,216	£45,894	£47,042	£48,218	£49,664	£236,034
Total Expenses	£33,699	£33,813	£33,970	£34,132	£34,319	£169,934
Profit Before Tax	£11,517	£12,081	£13,071	£14,086	£15,345	£66,100
Profit After Tax	£9,329	£9,786	£10,588	£11,409	£12,429	£53,541
Change In Property Value	£7	£7	£13,700	£24,455	£32,543	£70,712
Net Return	£9,336	£9,793	£24,288	£35,864	£44,972	£124,253
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	4%	11%	16%	20%	54%