	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,400	£20,706	£21,017	£21,542	£22,081	£105,745
Total Expenses	£16,910	£16,991	£17,063	£17,157	£17,254	£85,374
Profit Before Tax	£3,490	£3,715	£3,954	£4,385	£4,827	£20,371
Profit After Tax	£2,827	£3,009	£3,203	£3,552	£3,910	£16,501
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£2,831	£11,010	£17,483	£22,555	£17,148	£71,026
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	18%	13%	55%