	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,448	£23,800	£24,157	£24,761	£25,380	£121,545
Total Expenses	£20,400	£20,485	£20,562	£20,664	£20,769	£102,880
Profit Before Tax	£3,048	£3,314	£3,595	£4,096	£4,611	£18,664
Profit After Tax	£2,469	£2,685	£2,912	£3,318	£3,735	£15,118
Change In Property Value	£5	£9,980	£17,814	£23,706	£16,515	£68,021
Net Return	£2,474	£12,665	£20,726	£27,024	£20,250	£83,139
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	8%	13%	17%	12%	51%