	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,600	£34,104	£34,957	£35,831	£36,905	£175,397
Total Expenses	£24,689	£24,751	£24,847	£24,946	£25,064	£124,297
Profit Before Tax	£8,911	£9,353	£10,109	£10,885	£11,842	£51,099
Profit After Tax	£7,218	£7,576	£8,189	£8,817	£9,592	£41,390
Change In Property Value	£5	£5	£10,500	£18,743	£24,941	£54,195
Net Return	£7,223	£7,581	£18,689	£27,560	£34,533	£95,585
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	4%	4%	11%	16%	20%	55%