	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,676	£39,256	£40,238	£41,243	£42,481	£201,894
Total Expenses	£29,474	£29,578	£29,719	£29,864	£30,030	£148,666
Profit Before Tax	£9,202	£9,678	£10,518	£11,380	£12,451	£53,228
Profit After Tax	£7,453	£7,839	£8,520	£9,218	£10,085	£43,115
Change In Property Value	£6	£6	£11,900	£21,242	£28,267	£61,421
Net Return	£7,459	£7,845	£20,420	£30,459	£38,352	£104,536
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	4%	10%	15%	19%	53%