	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,652	£24,007	£24,367	£24,976	£25,600	£122,602
Total Expenses	£18,200	£18,286	£18,363	£18,466	£18,571	£91,886
Profit Before Tax	£5,452	£5,721	£6,004	£6,510	£7,030	£30,716
Profit After Tax	£4,416	£4,634	£4,863	£5,273	£5,694	£24,880
Change In Property Value	£4	£8,600	£15,351	£20,428	£14,232	£58,615
Net Return	£4,420	£13,234	£20,214	£25,701	£19,926	£83,495
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	18%	14%	60%