	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,560	£22,898	£23,242	£23,823	£24,418	£116,942
Total Expenses	£19,700	£19,784	£19,859	£19,959	£20,061	£99,363
Profit Before Tax	£2,860	£3,115	£3,383	£3,864	£4,357	£17,578
Profit After Tax	£2,317	£2,523	£2,740	£3,130	£3,529	£14,238
Change In Property Value	£5	£9,600	£17,136	£22,803	£15,886	£65,431
Net Return	£2,321	£12,123	£19,876	£25,933	£19,416	£79,669
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	13%	17%	12%	51%