	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,524	£19,817	£20,312	£20,820	£21,445	£101,918
Total Expenses	£15,148	£15,189	£15,249	£15,311	£15,384	£76,283
Profit Before Tax	£4,376	£4,628	£5,063	£5,509	£6,060	£25,635
Profit After Tax	£3,544	£3,748	£4,101	£4,462	£4,909	£20,765
Change In Property Value	£8,000	£8,200	£15,129	£19,323	£22,239	£72,891
Net Return	£11,544	£11,948	£19,230	£23,785	£27,148	£93,656
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	11%	12%	19%	24%	27%	93%