	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,480	£18,757	£19,226	£19,707	£20,298	£96,468
Total Expenses	£14,957	£15,031	£15,121	£15,213	£15,314	£75,635
Profit Before Tax	£3,523	£3,726	£4,106	£4,494	£4,984	£20,833
Profit After Tax	£2,854	£3,018	£3,326	£3,640	£4,037	£16,875
Change In Property Value	£3	£3	£5,600	£9,996	£13,302	£28,904
Net Return	£2,856	£3,021	£8,926	£13,637	£17,339	£45,779
Return From Rental Income (%)	3%	3%	4%	4%	5%	20%
Total Net Return (%)	3%	3%	10%	16%	20%	53%