	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,092	£19,378	£19,669	£20,161	£20,665	£98,965
Total Expenses	£14,688	£14,766	£14,837	£14,928	£15,021	£74,239
Profit Before Tax	£4,404	£4,612	£4,833	£5,233	£5,644	£24,726
Profit After Tax	£3,567	£3,736	£3,914	£4,239	£4,572	£20,028
Change In Property Value	£3	£6,700	£11,960	£15,915	£11,087	£45,665
Net Return	£3,571	£10,436	£15,874	£20,154	£15,659	£65,693
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	62%