	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,100	£44,761	£45,881	£47,028	£48,438	£230,208
Total Expenses	£33,984	£34,096	£34,251	£34,410	£34,593	£171,335
Profit Before Tax	£10,116	£10,665	£11,629	£12,618	£13,845	£58,873
Profit After Tax	£8,194	£8,639	£9,420	£10,220	£11,214	£47,687
Change In Property Value	£7	£7	£13,900	£24,812	£33,018	£71,744
Net Return	£8,201	£8,646	£23,320	£35,032	£44,232	£119,431
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%