	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,936	£22,265	£22,822	£23,392	£24,094	£114,509
Total Expenses	£18,078	£18,157	£18,255	£18,356	£18,469	£91,315
Profit Before Tax	£3,858	£4,108	£4,566	£5,036	£5,625	£23,193
Profit After Tax	£3,125	£3,328	£3,699	£4,079	£4,556	£18,787
Change In Property Value	£8,749	£8,967	£16,545	£21,132	£24,321	£79,713
Net Return	£11,874	£12,295	£20,244	£25,211	£28,877	£98,500
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	11%	11%	18%	23%	26%	89%