	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,296	£25,675	£26,317	£26,975	£27,785	£132,049
Total Expenses	£21,280	£21,330	£21,404	£21,481	£21,573	£107,068
Profit Before Tax	£4,016	£4,346	£4,913	£5,494	£6,212	£24,980
Profit After Tax	£3,253	£3,520	£3,979	£4,450	£5,031	£20,234
Change In Property Value	£5	£5	£9,200	£16,422	£21,853	£47,485
Net Return	£3,257	£3,525	£13,180	£20,872	£26,885	£67,719
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	14%	18%	45%