	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,800	£38,367	£39,326	£40,309	£41,519	£197,321
Total Expenses	£28,085	£28,153	£28,260	£28,369	£28,501	£141,368
Profit Before Tax	£9,715	£10,214	£11,066	£11,940	£13,018	£55,953
Profit After Tax	£7,869	£8,273	£8,964	£9,672	£10,544	£45,322
Change In Property Value	£6	£6	£12,000	£21,420	£28,504	£61,937
Net Return	£7,875	£8,279	£20,964	£31,092	£39,049	£107,259
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	4%	11%	16%	20%	54%