	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,728	£26,114	£26,506	£27,168	£27,847	£133,363
Total Expenses	£19,965	£20,016	£20,065	£20,142	£20,220	£100,408
Profit Before Tax	£5,763	£6,098	£6,440	£7,026	£7,627	£32,955
Profit After Tax	£4,668	£4,940	£5,217	£5,691	£6,178	£26,694
Change In Property Value	£5	£10,500	£18,743	£24,941	£17,376	£71,565
Net Return	£4,674	£15,440	£23,959	£30,633	£23,554	£98,259
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	57%