	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,560	£22,898	£23,242	£23,823	£24,418	£116,942
Total Expenses	£18,200	£18,246	£18,291	£18,360	£18,430	£91,526
Profit Before Tax	£4,360	£4,652	£4,951	£5,463	£5,989	£25,415
Profit After Tax	£3,532	£3,768	£4,010	£4,425	£4,851	£20,586
Change In Property Value	£5	£9,600	£17,136	£22,803	£15,886	£65,431
Net Return	£3,536	£13,368	£21,146	£27,229	£20,737	£86,017
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	17%	13%	55%