	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,224	£22,557	£22,896	£23,468	£24,055	£115,200
Total Expenses	£18,299	£18,382	£18,457	£18,556	£18,658	£92,352
Profit Before Tax	£3,925	£4,175	£4,439	£4,912	£5,397	£22,848
Profit After Tax	£3,179	£3,382	£3,595	£3,979	£4,372	£18,507
Change In Property Value	£4	£8,750	£15,619	£20,784	£14,480	£59,637
Net Return	£3,184	£12,132	£19,214	£24,763	£18,852	£78,144
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	17%	13%	55%