	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,508	£26,906	£27,578	£28,268	£29,116	£138,375
Total Expenses	£23,100	£23,185	£23,296	£23,408	£23,536	£116,525
Profit Before Tax	£3,408	£3,720	£4,283	£4,859	£5,580	£21,850
Profit After Tax	£2,761	£3,013	£3,469	£3,936	£4,520	£17,699
Change In Property Value	£5	£5	£9,300	£16,601	£22,091	£48,001
Net Return	£2,765	£3,018	£12,769	£20,537	£26,611	£65,700
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	8%	14%	18%	43%