	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,604	£17,868	£18,136	£18,589	£19,054	£91,252
Total Expenses	£15,130	£15,169	£15,206	£15,262	£15,319	£76,088
Profit Before Tax	£2,474	£2,699	£2,930	£3,327	£3,735	£15,164
Profit After Tax	£2,004	£2,186	£2,373	£2,695	£3,025	£12,283
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£2,008	£10,186	£16,653	£21,698	£16,264	£66,809
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%