	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,080	£22,411	£22,971	£23,546	£24,252	£115,261
Total Expenses	£17,896	£17,975	£18,074	£18,175	£18,289	£90,409
Profit Before Tax	£4,184	£4,436	£4,897	£5,370	£5,964	£24,852
Profit After Tax	£3,389	£3,593	£3,967	£4,350	£4,830	£20,130
Change In Property Value	£3	£3	£6,900	£12,317	£16,390	£35,614
Net Return	£3,393	£3,597	£10,867	£16,667	£21,221	£55,744
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	51%