	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,016	£23,361	£23,712	£24,304	£24,912	£119,305
Total Expenses	£15,350	£15,397	£15,442	£15,512	£15,583	£77,284
Profit Before Tax	£7,666	£7,964	£8,269	£8,793	£9,329	£42,021
Profit After Tax	£6,210	£6,451	£6,698	£7,122	£7,556	£34,037
Change In Property Value	£4	£7,800	£13,923	£18,528	£12,908	£53,162
Net Return	£6,213	£14,251	£20,621	£25,650	£20,464	£87,200
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	5%	11%	16%	21%	16%	70%