	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,800	£23,142	£23,489	£24,076	£24,678	£118,186
Total Expenses	£18,063	£18,110	£18,155	£18,224	£18,295	£90,847
Profit Before Tax	£4,737	£5,032	£5,334	£5,852	£6,383	£27,339
Profit After Tax	£3,837	£4,076	£4,321	£4,740	£5,171	£22,145
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£3,842	£13,576	£21,278	£27,306	£20,891	£86,894
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%