	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,828	£40,425	£41,436	£42,472	£43,746	£207,908
Total Expenses	£31,263	£31,335	£31,446	£31,561	£31,699	£157,305
Profit Before Tax	£8,565	£9,091	£9,990	£10,911	£12,047	£50,603
Profit After Tax	£6,937	£7,364	£8,092	£8,838	£9,758	£40,988
Change In Property Value	£7	£7	£13,500	£24,098	£32,068	£69,679
Net Return	£6,944	£7,370	£21,592	£32,936	£41,826	£110,668
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	49%