	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,700	£27,101	£27,778	£28,472	£29,327	£139,378
Total Expenses	£22,127	£22,213	£22,324	£22,437	£22,565	£111,666
Profit Before Tax	£4,573	£4,887	£5,454	£6,035	£6,761	£27,712
Profit After Tax	£3,704	£3,959	£4,418	£4,889	£5,477	£22,446
Change In Property Value	£4,400	£4,444	£13,465	£18,492	£21,636	£62,438
Net Return	£8,104	£8,403	£17,883	£23,381	£27,113	£84,884
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	6%	6%	13%	16%	19%	60%