	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,220	£23,568	£23,922	£24,520	£25,133	£120,363
Total Expenses	£18,157	£18,242	£18,318	£18,420	£18,524	£91,662
Profit Before Tax	£5,063	£5,326	£5,603	£6,100	£6,609	£28,701
Profit After Tax	£4,101	£4,314	£4,539	£4,941	£5,353	£23,248
Change In Property Value	£4	£8,600	£15,351	£20,428	£14,232	£58,615
Net Return	£4,105	£12,914	£19,890	£25,369	£19,585	£81,863
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	59%