	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,524	£19,817	£20,312	£20,820	£21,445	£101,918
Total Expenses	£16,053	£16,129	£16,221	£16,316	£16,421	£81,139
Profit Before Tax	£3,471	£3,688	£4,091	£4,504	£5,024	£20,778
Profit After Tax	£2,811	£2,988	£3,314	£3,649	£4,069	£16,831
Change In Property Value	£3	£3	£6,100	£10,889	£14,490	£31,485
Net Return	£2,814	£2,991	£9,414	£14,537	£18,559	£48,315
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	51%