	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,748	£36,284	£37,191	£38,121	£39,265	£186,609
Total Expenses	£25,896	£25,961	£26,063	£26,167	£26,292	£130,378
Profit Before Tax	£9,852	£10,323	£11,129	£11,955	£12,973	£56,231
Profit After Tax	£7,980	£8,362	£9,014	£9,683	£10,508	£45,547
Change In Property Value	£6	£6	£11,000	£19,635	£26,129	£56,776
Net Return	£7,986	£8,367	£20,014	£29,319	£36,637	£102,323
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	4%	5%	11%	16%	20%	57%