	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,456	£21,778	£22,322	£22,880	£23,567	£112,003
Total Expenses	£17,040	£17,118	£17,216	£17,315	£17,427	£86,115
Profit Before Tax	£4,416	£4,660	£5,107	£5,565	£6,140	£25,888
Profit After Tax	£3,577	£3,774	£4,136	£4,508	£4,974	£20,969
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£3,580	£3,778	£10,637	£16,110	£20,414	£54,518
Return From Rental Income (%)	3%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	4%	10%	16%	20%	53%