	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	£19,993	£20,077	£20,184	£20,293	£20,417	£100,964
Profit Before Tax	£5,207	£5,501	£6,033	£6,580	£7,262	£30,583
Profit After Tax	£4,217	£4,456	£4,887	£5,329	£5,883	£24,772
Change In Property Value	£4	£4	£7,800	£13,923	£18,528	£40,259
Net Return	£4,221	£4,460	£12,687	£19,253	£24,410	£65,031
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	20%	52%