	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,016	£26,406	£27,066	£27,743	£28,575	£135,807
Total Expenses	£22,098	£22,183	£22,292	£22,404	£22,530	£111,507
Profit Before Tax	£3,918	£4,223	£4,774	£5,339	£6,046	£24,300
Profit After Tax	£3,173	£3,421	£3,867	£4,325	£4,897	£19,683
Change In Property Value	£4	£4	£8,820	£15,744	£20,951	£45,524
Net Return	£3,178	£3,425	£12,687	£20,069	£25,848	£65,207
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	14%	18%	46%