	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,604	£27,003	£27,678	£28,370	£29,221	£138,876
Total Expenses	£23,506	£23,592	£23,702	£23,815	£23,943	£118,559
Profit Before Tax	£3,098	£3,411	£3,976	£4,555	£5,278	£20,317
Profit After Tax	£2,509	£2,763	£3,220	£3,689	£4,275	£16,457
Change In Property Value	£5	£5	£9,500	£16,958	£22,566	£49,034
Net Return	£2,514	£2,768	£12,721	£20,647	£26,841	£65,491
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	2%	8%	13%	17%	42%