	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,140	£22,472	£22,809	£23,379	£23,964	£114,765
Total Expenses	£17,406	£17,489	£17,564	£17,663	£17,764	£87,885
Profit Before Tax	£4,734	£4,983	£5,246	£5,717	£6,200	£26,880
Profit After Tax	£3,835	£4,036	£4,249	£4,631	£5,022	£21,773
Change In Property Value	£4	£8,200	£14,637	£19,478	£13,570	£55,889
Net Return	£3,839	£12,236	£18,886	£24,109	£18,592	£77,662
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	59%