	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,564	£21,887	£22,435	£22,996	£23,685	£112,567
Total Expenses	£18,043	£18,121	£18,219	£18,319	£18,430	£91,131
Profit Before Tax	£3,521	£3,766	£4,216	£4,677	£5,255	£21,436
Profit After Tax	£2,852	£3,051	£3,415	£3,788	£4,257	£17,363
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£2,856	£3,054	£10,415	£16,284	£20,884	£53,493
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%