	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,796	£27,198	£27,878	£28,575	£29,432	£139,879
Total Expenses	£21,938	£22,024	£22,135	£22,249	£22,377	£110,724
Profit Before Tax	£4,858	£5,174	£5,743	£6,326	£7,055	£29,154
Profit After Tax	£3,935	£4,191	£4,651	£5,124	£5,714	£23,615
Change In Property Value	£4	£4	£8,700	£15,530	£20,666	£44,904
Net Return	£3,939	£4,195	£13,352	£20,654	£26,380	£68,520
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	9%	15%	19%	49%