	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,440	£22,777	£23,118	£23,696	£24,289	£116,320
Total Expenses	£19,153	£19,199	£19,244	£19,312	£19,382	£96,291
Profit Before Tax	£3,287	£3,577	£3,874	£4,384	£4,907	£20,029
Profit After Tax	£2,662	£2,898	£3,138	£3,551	£3,974	£16,224
Change In Property Value	£5	£10,200	£18,207	£24,229	£16,879	£69,520
Net Return	£2,667	£13,098	£21,345	£27,780	£20,854	£85,744
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	12%	51%