	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,176	£19,464	£19,950	£20,449	£21,062	£100,101
Total Expenses	£15,312	£15,352	£15,412	£15,472	£15,544	£77,093
Profit Before Tax	£3,864	£4,111	£4,539	£4,977	£5,518	£23,008
Profit After Tax	£3,130	£3,330	£3,676	£4,031	£4,470	£18,637
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£3,133	£3,333	£10,176	£15,634	£19,909	£52,186
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	51%