	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,040	£23,386	£23,970	£24,569	£25,307	£120,272
Total Expenses	£18,587	£18,668	£18,769	£18,873	£18,989	£93,885
Profit Before Tax	£4,453	£4,718	£5,201	£5,697	£6,317	£26,386
Profit After Tax	£3,607	£3,822	£4,213	£4,614	£5,117	£21,373
Change In Property Value	£3,600	£3,636	£11,017	£15,130	£17,702	£51,085
Net Return	£7,207	£7,458	£15,230	£19,744	£22,819	£72,458
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	6%	7%	13%	17%	20%	63%