	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,596	£19,890	£20,188	£20,693	£21,210	£101,578
Total Expenses	£15,330	£15,371	£15,412	£15,473	£15,535	£77,120
Profit Before Tax	£4,266	£4,518	£4,777	£5,220	£5,675	£24,457
Profit After Tax	£3,456	£3,660	£3,869	£4,229	£4,597	£19,811
Change In Property Value	£4,000	£12,120	£16,645	£19,474	£15,828	£68,068
Net Return	£7,456	£15,780	£20,514	£23,703	£20,425	£87,878
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	6%	12%	16%	18%	16%	68%