	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,252	£21,571	£22,110	£22,663	£23,343	£110,938
Total Expenses	£17,813	£17,891	£17,988	£18,087	£18,198	£89,976
Profit Before Tax	£3,439	£3,680	£4,122	£4,576	£5,145	£20,962
Profit After Tax	£2,786	£2,981	£3,339	£3,706	£4,167	£16,979
Change In Property Value	£3	£3	£6,900	£12,317	£16,390	£35,614
Net Return	£2,789	£2,984	£10,239	£16,023	£20,558	£52,593
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%