	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,456	£21,778	£22,105	£22,657	£23,224	£111,219
Total Expenses	£16,694	£16,776	£16,850	£16,947	£17,046	£84,312
Profit Before Tax	£4,762	£5,002	£5,255	£5,710	£6,177	£26,907
Profit After Tax	£3,857	£4,051	£4,256	£4,625	£5,004	£21,794
Change In Property Value	£4	£7,800	£13,923	£18,528	£12,908	£53,162
Net Return	£3,861	£11,852	£18,180	£23,153	£17,911	£74,957
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	15%	19%	14%	60%