	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,300	£24,665	£25,034	£25,660	£26,302	£125,961
Total Expenses	£18,909	£18,995	£19,073	£19,178	£19,284	£95,439
Profit Before Tax	£5,391	£5,669	£5,961	£6,483	£7,017	£30,522
Profit After Tax	£4,367	£4,592	£4,829	£5,251	£5,684	£24,723
Change In Property Value	£5	£9,000	£16,065	£21,378	£14,893	£61,341
Net Return	£4,371	£13,592	£20,894	£26,629	£20,578	£86,064
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	59%