	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,636	£25,006	£25,631	£26,271	£27,060	£128,603
Total Expenses	£20,334	£20,417	£20,522	£20,630	£20,751	£102,654
Profit Before Tax	£4,302	£4,589	£5,109	£5,641	£6,308	£25,950
Profit After Tax	£3,485	£3,717	£4,138	£4,570	£5,110	£21,019
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£3,489	£3,721	£12,138	£18,850	£24,113	£62,311
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%