	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,752	£20,048	£20,549	£21,063	£21,695	£103,108
Total Expenses	£16,612	£16,687	£16,780	£16,876	£16,981	£83,937
Profit Before Tax	£3,140	£3,361	£3,769	£4,188	£4,714	£19,172
Profit After Tax	£2,544	£2,722	£3,053	£3,392	£3,818	£15,529
Change In Property Value	£3	£3	£6,370	£11,371	£15,131	£32,878
Net Return	£2,547	£2,726	£9,423	£14,763	£18,949	£48,407
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%