	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,736	£21,047	£21,363	£21,897	£22,444	£107,487
Total Expenses	£13,513	£13,557	£13,599	£13,662	£13,728	£68,059
Profit Before Tax	£7,223	£7,490	£7,764	£8,234	£8,716	£39,428
Profit After Tax	£5,851	£6,067	£6,289	£6,670	£7,060	£31,937
Change In Property Value	£3	£6,800	£12,138	£16,152	£11,253	£46,347
Net Return	£5,854	£12,867	£18,427	£22,822	£18,313	£78,284
Return From Rental Income (%)	5%	6%	6%	6%	7%	30%
Total Net Return (%)	5%	12%	17%	21%	17%	73%