	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,100	£26,492	£27,154	£27,833	£28,668	£136,246
Total Expenses	£22,464	£22,549	£22,658	£22,770	£22,896	£113,337
Profit Before Tax	£3,636	£3,943	£4,496	£5,063	£5,772	£22,909
Profit After Tax	£2,945	£3,194	£3,642	£4,101	£4,675	£18,556
Change In Property Value	£5	£5	£9,000	£16,065	£21,378	£46,453
Net Return	£2,950	£3,198	£12,642	£20,166	£26,053	£65,009
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	45%