	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,680	£26,065	£26,717	£27,385	£28,206	£134,053
Total Expenses	£20,240	£20,324	£20,432	£20,543	£20,668	£102,207
Profit Before Tax	£5,440	£5,741	£6,285	£6,842	£7,539	£31,846
Profit After Tax	£4,407	£4,650	£5,090	£5,542	£6,106	£25,796
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£4,411	£4,654	£12,991	£19,644	£24,872	£66,571
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	20%	53%