	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,004	£26,394	£26,790	£27,460	£28,146	£134,794
Total Expenses	£20,688	£20,777	£20,857	£20,966	£21,078	£104,366
Profit Before Tax	£5,316	£5,617	£5,932	£6,493	£7,069	£30,428
Profit After Tax	£4,306	£4,550	£4,805	£5,260	£5,726	£24,646
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£4,311	£14,550	£22,655	£29,013	£22,274	£92,804
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	57%