	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,120	£21,437	£21,758	£22,302	£22,860	£109,477
Total Expenses	£18,056	£18,100	£18,143	£18,207	£18,274	£90,780
Profit Before Tax	£3,064	£3,337	£3,616	£4,095	£4,586	£18,697
Profit After Tax	£2,482	£2,703	£2,929	£3,317	£3,715	£15,145
Change In Property Value	£5	£9,600	£17,136	£22,803	£15,886	£65,431
Net Return	£2,487	£12,303	£20,065	£26,120	£19,601	£80,576
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	51%