	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,200	£25,578	£26,217	£26,873	£27,679	£131,547
Total Expenses	£19,914	£19,998	£20,105	£20,214	£20,337	£100,568
Profit Before Tax	£5,286	£5,580	£6,113	£6,659	£7,342	£30,980
Profit After Tax	£4,282	£4,520	£4,951	£5,394	£5,947	£25,094
Change In Property Value	£4	£4	£7,760	£13,852	£18,433	£40,053
Net Return	£4,286	£4,524	£12,712	£19,246	£24,380	£65,146
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	20%	52%