	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,656	£26,041	£26,431	£27,092	£27,770	£132,990
Total Expenses	£19,044	£19,133	£19,213	£19,321	£19,431	£96,142
Profit Before Tax	£6,612	£6,908	£7,219	£7,771	£8,338	£36,848
Profit After Tax	£5,355	£5,595	£5,847	£6,295	£6,754	£29,847
Change In Property Value	£5	£9,000	£16,065	£21,378	£14,893	£61,341
Net Return	£5,360	£14,596	£21,912	£27,673	£21,648	£91,188
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	15%	19%	15%	62%