	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,192	£21,510	£21,833	£22,378	£22,938	£109,851
Total Expenses	£16,988	£17,069	£17,143	£17,239	£17,338	£85,776
Profit Before Tax	£4,204	£4,441	£4,690	£5,139	£5,600	£24,074
Profit After Tax	£3,406	£3,597	£3,799	£4,163	£4,536	£19,500
Change In Property Value	£4	£7,999	£14,278	£19,000	£13,237	£54,519
Net Return	£3,410	£11,596	£18,077	£23,163	£17,773	£74,019
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	58%