	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,260	£25,639	£26,280	£26,937	£27,745	£131,861
Total Expenses	£20,793	£20,877	£20,984	£21,093	£21,217	£104,963
Profit Before Tax	£4,467	£4,762	£5,296	£5,844	£6,528	£26,898
Profit After Tax	£3,618	£3,857	£4,290	£4,733	£5,288	£21,787
Change In Property Value	£4	£4	£8,200	£14,637	£19,478	£42,324
Net Return	£3,623	£3,862	£12,490	£19,371	£24,766	£64,111
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	9%	15%	19%	49%