	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	£18,199	£18,284	£18,361	£18,464	£18,569	£91,878
Profit Before Tax	£5,453	£5,722	£6,006	£6,512	£7,031	£30,724
Profit After Tax	£4,417	£4,635	£4,864	£5,275	£5,695	£24,887
Change In Property Value	£4	£8,599	£15,349	£20,426	£14,230	£58,608
Net Return	£4,421	£13,234	£20,214	£25,700	£19,925	£83,495
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	18%	14%	60%