	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,500	£19,792	£20,287	£20,794	£21,418	£101,793
Total Expenses	£15,342	£15,383	£15,443	£15,505	£15,578	£77,252
Profit Before Tax	£4,158	£4,409	£4,844	£5,289	£5,840	£24,541
Profit After Tax	£3,368	£3,572	£3,924	£4,284	£4,731	£19,878
Change In Property Value	£3,250	£3,282	£9,944	£13,657	£15,979	£46,112
Net Return	£6,617	£6,854	£13,868	£17,941	£20,709	£65,990
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	6%	7%	14%	18%	20%	65%