	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,208	£20,511	£20,819	£21,339	£21,873	£104,750
Total Expenses	£17,856	£17,936	£18,008	£18,102	£18,198	£90,101
Profit Before Tax	£2,352	£2,575	£2,811	£3,237	£3,675	£14,649
Profit After Tax	£1,905	£2,086	£2,277	£2,622	£2,977	£11,866
Change In Property Value	£4	£8,600	£15,351	£20,428	£14,232	£58,615
Net Return	£1,909	£10,686	£17,628	£23,050	£17,208	£70,481
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	13%	17%	12%	51%