	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,504	£27,917	£28,335	£29,044	£29,770	£142,569
Total Expenses	£19,338	£19,392	£19,444	£19,525	£19,608	£97,307
Profit Before Tax	£8,166	£8,525	£8,892	£9,519	£10,161	£45,263
Profit After Tax	£6,615	£6,905	£7,202	£7,710	£8,231	£36,663
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£6,620	£16,905	£25,052	£31,464	£24,779	£104,820
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	10%	15%	19%	15%	64%