	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,076	£23,422	£24,008	£24,608	£25,346	£120,460
Total Expenses	£18,392	£18,473	£18,574	£18,678	£18,795	£92,912
Profit Before Tax	£4,684	£4,949	£5,433	£5,930	£6,551	£27,547
Profit After Tax	£3,794	£4,009	£4,401	£4,803	£5,307	£22,313
Change In Property Value	£4	£4	£7,100	£12,674	£16,865	£36,646
Net Return	£3,797	£4,012	£11,501	£17,477	£22,172	£58,960
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	16%	20%	52%