	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,096	£24,457	£25,069	£25,696	£26,466	£125,784
Total Expenses	£20,081	£20,163	£20,267	£20,374	£20,494	£101,380
Profit Before Tax	£4,015	£4,294	£4,801	£5,322	£5,973	£24,405
Profit After Tax	£3,252	£3,478	£3,889	£4,310	£4,838	£19,768
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£3,256	£3,482	£11,789	£18,412	£23,603	£60,543
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%