	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,904	£21,218	£21,536	£22,074	£22,626	£108,358
Total Expenses	£17,874	£17,917	£17,959	£18,024	£18,090	£89,864
Profit Before Tax	£3,030	£3,300	£3,576	£4,050	£4,536	£18,494
Profit After Tax	£2,455	£2,673	£2,897	£3,281	£3,675	£14,980
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£2,459	£12,173	£19,855	£25,847	£19,395	£79,729
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%