	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,100	£23,446	£24,033	£24,633	£25,372	£120,585
Total Expenses	£18,085	£18,131	£18,200	£18,271	£18,356	£91,044
Profit Before Tax	£5,015	£5,315	£5,832	£6,362	£7,016	£29,541
Profit After Tax	£4,062	£4,306	£4,724	£5,153	£5,683	£23,929
Change In Property Value	£4	£4	£7,700	£13,745	£18,290	£39,743
Net Return	£4,066	£4,309	£12,424	£18,898	£23,974	£63,672
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	15%	19%	52%