	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,432	£27,843	£28,540	£29,253	£30,131	£143,199
Total Expenses	£23,192	£23,279	£23,392	£23,507	£23,637	£117,008
Profit Before Tax	£4,240	£4,564	£5,148	£5,746	£6,493	£26,191
Profit After Tax	£3,434	£3,697	£4,170	£4,654	£5,260	£21,215
Change In Property Value	£5	£5	£9,300	£16,601	£22,091	£48,001
Net Return	£3,439	£3,702	£13,470	£21,255	£27,350	£69,216
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	14%	18%	46%