	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,380	£37,941	£38,889	£39,861	£41,057	£195,129
Total Expenses	£28,551	£28,653	£28,791	£28,932	£29,094	£144,022
Profit Before Tax	£8,829	£9,288	£10,098	£10,929	£11,963	£51,107
Profit After Tax	£7,151	£7,523	£8,180	£8,853	£9,690	£41,397
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£7,157	£7,529	£19,680	£29,381	£37,007	£100,753
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	4%	10%	15%	20%	53%