	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,004	£20,304	£20,609	£21,124	£21,652	£103,692
Total Expenses	£16,870	£16,950	£17,022	£17,115	£17,211	£85,169
Profit Before Tax	£3,134	£3,354	£3,587	£4,009	£4,441	£18,524
Profit After Tax	£2,538	£2,716	£2,905	£3,247	£3,597	£15,004
Change In Property Value	£4,000	£12,120	£16,645	£19,474	£15,828	£68,068
Net Return	£6,538	£14,836	£19,550	£22,721	£19,426	£83,072
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	5%	12%	15%	18%	15%	65%