	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,212	£28,635	£29,351	£30,085	£30,987	£147,270
Total Expenses	£24,460	£24,549	£24,663	£24,780	£24,913	£123,366
Profit Before Tax	£3,752	£4,087	£4,688	£5,304	£6,074	£23,905
Profit After Tax	£3,039	£3,310	£3,797	£4,297	£4,920	£19,363
Change In Property Value	£5	£5	£9,900	£17,672	£23,516	£51,098
Net Return	£3,044	£3,315	£13,697	£21,968	£28,436	£70,461
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	8%	14%	18%	44%