	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,600	£21,924	£22,253	£22,809	£23,379	£111,965
Total Expenses	£17,139	£17,184	£17,227	£17,293	£17,361	£86,203
Profit Before Tax	£4,461	£4,740	£5,026	£5,516	£6,019	£25,763
Profit After Tax	£3,614	£3,840	£4,071	£4,468	£4,875	£20,868
Change In Property Value	£5	£9,000	£16,065	£21,378	£14,893	£61,341
Net Return	£3,618	£12,840	£20,136	£25,846	£19,769	£82,209
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%