	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,228	£24,591	£25,206	£25,836	£26,611	£126,473
Total Expenses	£19,785	£19,833	£19,905	£19,979	£20,067	£99,568
Profit Before Tax	£4,443	£4,759	£5,301	£5,858	£6,545	£26,906
Profit After Tax	£3,599	£3,855	£4,294	£4,745	£5,301	£21,794
Change In Property Value	£4	£4	£8,500	£15,173	£20,191	£43,872
Net Return	£3,603	£3,859	£12,794	£19,917	£25,492	£65,666
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%