	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,636	£25,006	£25,381	£26,015	£26,666	£127,703
Total Expenses	£17,332	£17,419	£17,497	£17,603	£17,710	£87,562
Profit Before Tax	£7,304	£7,587	£7,883	£8,412	£8,955	£40,141
Profit After Tax	£5,916	£6,145	£6,385	£6,814	£7,254	£32,514
Change In Property Value	£4	£7,999	£14,278	£19,000	£13,237	£54,519
Net Return	£5,920	£14,144	£20,664	£25,814	£20,491	£87,033
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	5%	11%	16%	20%	16%	68%