	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,320	£25,700	£26,342	£27,001	£27,811	£132,174
Total Expenses	£20,838	£20,922	£21,030	£21,139	£21,263	£105,193
Profit Before Tax	£4,482	£4,777	£5,313	£5,862	£6,548	£26,981
Profit After Tax	£3,630	£3,870	£4,303	£4,748	£5,304	£21,855
Change In Property Value	£4	£4	£8,220	£14,673	£19,526	£42,427
Net Return	£3,634	£3,874	£12,523	£19,421	£24,829	£64,282
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	9%	15%	19%	49%