	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,960	£37,514	£38,452	£39,414	£40,596	£192,936
Total Expenses	£27,914	£28,015	£28,152	£28,292	£28,453	£140,827
Profit Before Tax	£9,046	£9,499	£10,300	£11,121	£12,143	£52,109
Profit After Tax	£7,327	£7,694	£8,343	£9,008	£9,836	£42,209
Change In Property Value	£6	£6	£11,200	£19,992	£26,604	£57,808
Net Return	£7,333	£7,700	£19,543	£29,001	£36,440	£100,017
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	4%	11%	16%	20%	54%