	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,596	£25,980	£26,629	£27,295	£28,114	£133,615
Total Expenses	£18,930	£18,979	£19,055	£19,133	£19,225	£95,322
Profit Before Tax	£6,666	£7,000	£7,574	£8,162	£8,889	£38,292
Profit After Tax	£5,400	£5,670	£6,135	£6,612	£7,200	£31,017
Change In Property Value	£4,000	£4,040	£12,241	£16,811	£19,669	£56,762
Net Return	£9,400	£9,710	£18,376	£23,423	£26,869	£87,778
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	7%	8%	14%	18%	21%	68%