	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,400	£20,706	£21,224	£21,754	£22,407	£106,491
Total Expenses	£15,943	£16,019	£16,114	£16,211	£16,319	£80,605
Profit Before Tax	£4,458	£4,687	£5,110	£5,543	£6,088	£25,886
Profit After Tax	£3,611	£3,796	£4,139	£4,490	£4,931	£20,968
Change In Property Value	£3	£3	£6,000	£10,710	£14,252	£30,969
Net Return	£3,614	£3,799	£10,139	£15,200	£19,184	£51,936
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	4%	4%	11%	16%	21%	56%