	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,404	£25,785	£26,172	£26,826	£27,497	£131,684
Total Expenses	£20,628	£20,716	£20,796	£20,903	£21,012	£104,054
Profit Before Tax	£4,776	£5,069	£5,376	£5,923	£6,484	£27,629
Profit After Tax	£3,869	£4,106	£4,355	£4,798	£5,252	£22,380
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,156
Net Return	£3,874	£14,106	£22,205	£28,551	£21,800	£90,536
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	17%	13%	55%