	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,332	£28,757	£29,476	£30,213	£31,119	£147,897
Total Expenses	£23,082	£23,170	£23,285	£23,403	£23,536	£116,476
Profit Before Tax	£5,250	£5,587	£6,191	£6,810	£7,583	£31,421
Profit After Tax	£4,253	£4,525	£5,015	£5,516	£6,142	£25,451
Change In Property Value	£5	£5	£9,199	£16,421	£21,851	£47,480
Net Return	£4,257	£4,530	£14,214	£21,937	£27,994	£72,931
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	10%	15%	19%	49%