	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,120	£21,437	£21,973	£22,522	£23,198	£110,249
Total Expenses	£17,006	£17,084	£17,181	£17,279	£17,390	£85,940
Profit Before Tax	£4,114	£4,353	£4,792	£5,243	£5,808	£24,309
Profit After Tax	£3,332	£3,526	£3,882	£4,247	£4,705	£19,690
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£3,335	£3,529	£10,382	£15,849	£20,144	£53,240
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	16%	20%	52%