	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,736	£21,047	£21,573	£22,113	£22,776	£108,245
Total Expenses	£17,563	£17,640	£17,736	£17,834	£17,943	£88,715
Profit Before Tax	£3,173	£3,407	£3,837	£4,279	£4,833	£19,529
Profit After Tax	£2,570	£2,760	£3,108	£3,466	£3,915	£15,819
Change In Property Value	£6,800	£6,936	£14,149	£18,394	£19,314	£65,594
Net Return	£9,370	£9,696	£17,258	£21,860	£23,229	£81,413
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	9%	9%	16%	20%	22%	76%