	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,936	£28,355	£29,064	£29,791	£30,684	£145,830
Total Expenses	£22,734	£22,788	£22,869	£22,953	£23,053	£114,398
Profit Before Tax	£5,202	£5,567	£6,195	£6,838	£7,631	£31,432
Profit After Tax	£4,213	£4,510	£5,018	£5,538	£6,181	£25,460
Change In Property Value	£5	£5	£9,800	£17,493	£23,279	£50,582
Net Return	£4,218	£4,514	£14,818	£23,032	£29,460	£76,042
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	14%	18%	48%