	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,936	£34,445	£35,306	£36,189	£37,274	£177,151
Total Expenses	£25,191	£25,288	£25,417	£25,550	£25,701	£127,147
Profit Before Tax	£8,745	£9,157	£9,889	£10,639	£11,574	£50,003
Profit After Tax	£7,083	£7,417	£8,010	£8,618	£9,375	£40,502
Change In Property Value	£5	£5	£9,980	£17,815	£23,706	£51,511
Net Return	£7,088	£7,422	£17,990	£26,432	£33,081	£92,014
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	4%	5%	11%	16%	20%	56%