	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,600	£21,924	£22,472	£23,034	£23,725	£112,755
Total Expenses	£17,736	£17,780	£17,846	£17,913	£17,993	£89,269
Profit Before Tax	£3,864	£4,144	£4,626	£5,121	£5,732	£23,486
Profit After Tax	£3,129	£3,356	£3,747	£4,148	£4,643	£19,024
Change In Property Value	£4	£4	£7,600	£13,566	£18,053	£39,227
Net Return	£3,133	£3,360	£11,347	£17,714	£22,696	£58,251
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	15%	19%	48%