	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,100	£23,446	£23,798	£24,393	£25,003	£119,741
Total Expenses	£17,824	£17,908	£17,984	£18,086	£18,189	£89,991
Profit Before Tax	£5,277	£5,538	£5,814	£6,308	£6,814	£29,750
Profit After Tax	£4,274	£4,486	£4,709	£5,109	£5,519	£24,097
Change In Property Value	£4	£8,400	£14,994	£19,953	£13,901	£57,252
Net Return	£4,278	£12,886	£19,703	£25,062	£19,420	£81,349
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	18%	14%	60%