	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£38,100	£38,671	£39,638	£40,629	£41,848	£198,887
Total Expenses	£29,504	£29,572	£29,680	£29,790	£29,922	£148,468
Profit Before Tax	£8,596	£9,099	£9,959	£10,839	£11,926	£50,419
Profit After Tax	£6,963	£7,370	£8,066	£8,780	£9,660	£40,840
Change In Property Value	£6	£6	£12,700	£22,670	£30,167	£65,550
Net Return	£6,969	£7,377	£20,767	£31,450	£39,827	£106,390
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	4%	10%	15%	19%	50%