	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,712	£24,068	£24,429	£25,039	£25,665	£122,913
Total Expenses	£16,759	£16,844	£16,921	£17,024	£17,129	£84,678
Profit Before Tax	£6,953	£7,224	£7,507	£8,015	£8,536	£38,236
Profit After Tax	£5,632	£5,851	£6,081	£6,492	£6,914	£30,971
Change In Property Value	£4	£7,700	£13,745	£18,290	£12,742	£52,481
Net Return	£5,636	£13,551	£19,826	£24,783	£19,656	£83,452
Return From Rental Income (%)	5%	5%	5%	5%	6%	25%
Total Net Return (%)	5%	11%	16%	20%	16%	68%