	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,700	£24,055	£24,657	£25,273	£26,032	£123,717
Total Expenses	£18,542	£18,589	£18,660	£18,732	£18,819	£93,341
Profit Before Tax	£5,158	£5,467	£5,997	£6,541	£7,213	£30,377
Profit After Tax	£4,178	£4,428	£4,858	£5,298	£5,842	£24,605
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£4,182	£4,432	£12,758	£19,400	£24,608	£65,380
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	15%	19%	52%