	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,400	£26,796	£27,466	£28,153	£28,997	£137,812
Total Expenses	£22,097	£22,183	£22,293	£22,405	£22,532	£111,509
Profit Before Tax	£4,303	£4,613	£5,173	£5,747	£6,465	£26,302
Profit After Tax	£3,485	£3,737	£4,190	£4,655	£5,237	£21,305
Change In Property Value	£4	£4	£8,800	£15,708	£20,903	£45,421
Net Return	£3,490	£3,741	£12,991	£20,364	£26,140	£66,725
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	18%	47%