	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,616	£20,925	£21,239	£21,770	£22,314	£106,865
Total Expenses	£15,307	£15,388	£15,460	£15,555	£15,652	£77,362
Profit Before Tax	£5,309	£5,538	£5,779	£6,215	£6,662	£29,503
Profit After Tax	£4,300	£4,485	£4,681	£5,034	£5,396	£23,898
Change In Property Value	£3	£6,990	£12,477	£16,604	£11,567	£47,642
Net Return	£4,304	£11,475	£17,158	£21,638	£16,964	£71,539
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	10%	15%	20%	15%	65%