	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	£15,219	£15,299	£15,369	£15,462	£15,556	£76,905
Profit Before Tax	£4,377	£4,591	£4,819	£5,231	£5,654	£24,672
Profit After Tax	£3,545	£3,719	£3,903	£4,237	£4,580	£19,985
Change In Property Value	£3	£6,999	£12,493	£16,625	£11,582	£47,703
Net Return	£3,549	£10,718	£16,397	£20,862	£16,162	£67,688
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	61%