	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,348	£21,668	£22,210	£22,765	£23,448	£111,439
Total Expenses	£16,521	£16,565	£16,629	£16,696	£16,775	£83,186
Profit Before Tax	£4,827	£5,104	£5,580	£6,069	£6,673	£28,253
Profit After Tax	£3,910	£4,134	£4,520	£4,916	£5,405	£22,885
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£3,913	£4,137	£11,520	£17,411	£22,033	£59,015
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	16%	20%	53%