	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,072	£27,478	£28,165	£28,869	£29,735	£141,320
Total Expenses	£22,053	£22,105	£22,184	£22,266	£22,363	£110,971
Profit Before Tax	£5,019	£5,373	£5,981	£6,603	£7,372	£30,349
Profit After Tax	£4,066	£4,352	£4,844	£5,349	£5,971	£24,582
Change In Property Value	£5	£5	£9,500	£16,958	£22,566	£49,034
Net Return	£4,070	£4,357	£14,345	£22,307	£28,538	£73,616
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	14%	18%	48%