	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,720	£19,001	£19,286	£19,768	£20,262	£97,037
Total Expenses	£15,455	£15,533	£15,603	£15,693	£15,785	£78,068
Profit Before Tax	£3,265	£3,468	£3,683	£4,075	£4,477	£18,969
Profit After Tax	£2,645	£2,809	£2,983	£3,301	£3,627	£15,365
Change In Property Value	£4	£7,200	£12,852	£17,103	£11,915	£49,073
Net Return	£2,648	£10,009	£15,836	£20,404	£15,541	£64,438
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	18%	14%	56%