	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,364	£23,714	£24,307	£24,915	£25,662	£121,963
Total Expenses	£18,818	£18,899	£19,001	£19,106	£19,223	£95,046
Profit Before Tax	£4,546	£4,816	£5,306	£5,809	£6,439	£26,917
Profit After Tax	£3,682	£3,901	£4,298	£4,706	£5,216	£21,803
Change In Property Value	£4	£4	£7,300	£13,031	£17,340	£37,678
Net Return	£3,686	£3,904	£11,598	£17,736	£22,556	£59,481
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	3%	3%	10%	15%	19%	51%