	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,880	£21,193	£21,723	£22,266	£22,934	£108,996
Total Expenses	£17,538	£17,615	£17,711	£17,809	£17,919	£88,592
Profit Before Tax	£3,342	£3,578	£4,012	£4,457	£5,015	£20,404
Profit After Tax	£2,707	£2,898	£3,250	£3,610	£4,062	£16,528
Change In Property Value	£3	£3	£6,780	£12,103	£16,105	£34,994
Net Return	£2,711	£2,902	£10,030	£15,713	£20,167	£51,522
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	3%	9%	15%	19%	48%