	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,660	£21,985	£22,535	£23,098	£23,791	£113,068
Total Expenses	£17,485	£17,529	£17,594	£17,662	£17,742	£88,011
Profit Before Tax	£4,175	£4,456	£4,940	£5,436	£6,049	£25,057
Profit After Tax	£3,382	£3,610	£4,002	£4,403	£4,900	£20,297
Change In Property Value	£3,735	£3,772	£11,430	£15,698	£18,366	£53,001
Net Return	£7,117	£7,382	£15,432	£20,101	£23,266	£73,298
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	6%	6%	13%	17%	20%	61%