	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,756	£22,082	£22,634	£23,200	£23,896	£113,569
Total Expenses	£17,665	£17,744	£17,842	£17,942	£18,055	£89,248
Profit Before Tax	£4,091	£4,339	£4,792	£5,258	£5,842	£24,322
Profit After Tax	£3,314	£3,514	£3,882	£4,259	£4,732	£19,700
Change In Property Value	£3	£3	£6,800	£12,138	£16,153	£35,098
Net Return	£3,317	£3,518	£10,682	£16,397	£20,884	£54,798
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	51%