	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,492	£24,859	£25,481	£26,118	£26,901	£127,852
Total Expenses	£20,121	£20,204	£20,309	£20,416	£20,537	£101,587
Profit Before Tax	£4,371	£4,656	£5,172	£5,702	£6,364	£26,265
Profit After Tax	£3,541	£3,771	£4,189	£4,618	£5,155	£21,275
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£3,545	£3,775	£12,090	£18,720	£23,920	£62,050
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	10%	15%	19%	49%