	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,872	£23,215	£23,795	£24,390	£25,122	£119,395
Total Expenses	£17,665	£17,711	£17,780	£17,850	£17,934	£88,941
Profit Before Tax	£5,207	£5,504	£6,016	£6,540	£7,188	£30,454
Profit After Tax	£4,217	£4,458	£4,873	£5,297	£5,822	£24,668
Change In Property Value	£4	£4	£7,500	£13,388	£17,815	£38,711
Net Return	£4,221	£4,462	£12,373	£18,685	£23,637	£63,378
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	16%	20%	53%