	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,536	£22,874	£23,217	£23,798	£24,393	£116,817
Total Expenses	£19,054	£19,138	£19,213	£19,313	£19,415	£96,134
Profit Before Tax	£3,482	£3,736	£4,004	£4,484	£4,977	£20,684
Profit After Tax	£2,820	£3,026	£3,243	£3,632	£4,032	£16,754
Change In Property Value	£5	£9,200	£16,422	£21,853	£15,224	£62,704
Net Return	£2,825	£12,226	£19,665	£25,486	£19,256	£79,458
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	13%	53%