	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,192	£24,555	£25,169	£25,798	£26,572	£126,286
Total Expenses	£20,374	£20,422	£20,494	£20,568	£20,656	£102,514
Profit Before Tax	£3,818	£4,133	£4,675	£5,230	£5,916	£23,771
Profit After Tax	£3,092	£3,348	£3,786	£4,236	£4,792	£19,255
Change In Property Value	£4	£4	£8,799	£15,707	£20,901	£45,415
Net Return	£3,097	£3,352	£12,586	£19,943	£25,693	£64,670
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	14%	18%	45%