	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,736	£27,137	£27,815	£28,511	£29,366	£139,566
Total Expenses	£21,893	£21,979	£22,089	£22,203	£22,331	£110,495
Profit Before Tax	£4,843	£5,158	£5,726	£6,308	£7,035	£29,071
Profit After Tax	£3,923	£4,178	£4,638	£5,109	£5,698	£23,547
Change In Property Value	£4	£4	£8,680	£15,494	£20,618	£44,801
Net Return	£3,928	£4,183	£13,318	£20,604	£26,317	£68,349
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	3%	9%	15%	19%	49%