	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,444	£24,811	£25,183	£25,812	£26,458	£126,708
Total Expenses	£21,175	£21,262	£21,340	£21,445	£21,552	£106,775
Profit Before Tax	£3,269	£3,549	£3,843	£4,367	£4,905	£19,933
Profit After Tax	£2,648	£2,874	£3,112	£3,538	£3,973	£16,145
Change In Property Value	£5	£10,400	£18,564	£24,704	£17,210	£70,883
Net Return	£2,653	£13,274	£21,677	£28,241	£21,184	£87,029
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	8%	13%	17%	12%	51%