	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,304	£23,654	£24,245	£24,851	£25,597	£121,650
Total Expenses	£18,502	£18,548	£18,618	£18,690	£18,775	£93,134
Profit Before Tax	£4,802	£5,105	£5,627	£6,161	£6,821	£28,516
Profit After Tax	£3,890	£4,135	£4,558	£4,990	£5,525	£23,098
Change In Property Value	£4	£4	£7,900	£14,102	£18,765	£40,775
Net Return	£3,894	£4,139	£12,458	£19,092	£24,291	£63,873
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%