	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,948	£28,367	£29,076	£29,803	£30,697	£145,892
Total Expenses	£21,855	£21,943	£22,057	£22,173	£22,305	£110,334
Profit Before Tax	£6,093	£6,424	£7,020	£7,630	£8,392	£35,559
Profit After Tax	£4,935	£5,204	£5,686	£6,180	£6,797	£28,802
Change In Property Value	£4	£4	£8,600	£15,351	£20,428	£44,388
Net Return	£4,940	£5,208	£14,286	£21,532	£27,226	£73,191
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	20%	53%