	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,444	£24,811	£25,183	£25,812	£26,458	£126,708
Total Expenses	£19,567	£19,653	£19,732	£19,836	£19,944	£98,731
Profit Before Tax	£4,877	£5,157	£5,451	£5,976	£6,514	£27,976
Profit After Tax	£3,951	£4,177	£4,416	£4,841	£5,277	£22,661
Change In Property Value	£5	£9,400	£16,779	£22,328	£15,555	£64,068
Net Return	£3,955	£13,578	£21,195	£27,169	£20,832	£86,728
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	57%