	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,748	£36,284	£37,191	£38,121	£39,265	£186,609
Total Expenses	£27,396	£27,496	£27,629	£27,766	£27,923	£138,210
Profit Before Tax	£8,352	£8,789	£9,562	£10,355	£11,342	£48,399
Profit After Tax	£6,765	£7,119	£7,745	£8,387	£9,187	£39,203
Change In Property Value	£6	£6	£11,000	£19,635	£26,129	£56,776
Net Return	£6,771	£7,124	£18,745	£28,023	£35,316	£95,979
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	4%	10%	15%	20%	53%