	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,200	£25,578	£26,217	£26,873	£27,679	£131,547
Total Expenses	£20,874	£20,923	£20,998	£21,074	£21,166	£105,034
Profit Before Tax	£4,326	£4,655	£5,220	£5,799	£6,514	£26,513
Profit After Tax	£3,504	£3,771	£4,228	£4,697	£5,276	£21,476
Change In Property Value	£5	£5	£9,000	£16,065	£21,378	£46,453
Net Return	£3,509	£3,775	£13,228	£20,762	£26,654	£67,928
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	18%	47%