	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,436	£20,743	£21,054	£21,580	£22,120	£105,932
Total Expenses	£15,787	£15,868	£15,940	£16,035	£16,131	£79,762
Profit Before Tax	£4,649	£4,874	£5,113	£5,545	£5,988	£26,170
Profit After Tax	£3,765	£3,948	£4,142	£4,492	£4,850	£21,198
Change In Property Value	£4	£7,300	£13,031	£17,340	£12,080	£49,755
Net Return	£3,769	£11,248	£17,173	£21,832	£16,931	£70,952
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	61%