	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,788	£41,400	£42,435	£43,496	£44,801	£212,919
Total Expenses	£30,598	£30,705	£30,852	£31,002	£31,175	£154,331
Profit Before Tax	£10,190	£10,695	£11,583	£12,494	£13,626	£58,588
Profit After Tax	£8,254	£8,663	£9,382	£10,120	£11,037	£47,456
Change In Property Value	£6	£6	£12,360	£22,063	£29,360	£63,795
Net Return	£8,260	£8,669	£21,743	£32,183	£40,397	£111,252
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	4%	11%	16%	20%	54%