	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,160	£20,462	£20,974	£21,498	£22,143	£105,238
Total Expenses	£16,514	£16,590	£16,684	£16,780	£16,887	£83,455
Profit Before Tax	£3,646	£3,873	£4,290	£4,718	£5,256	£21,783
Profit After Tax	£2,954	£3,137	£3,475	£3,822	£4,257	£17,644
Change In Property Value	£3	£3	£6,300	£11,246	£14,965	£32,517
Net Return	£2,957	£3,140	£9,775	£15,067	£19,222	£50,161
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	51%