	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,880	£21,193	£21,511	£22,049	£22,600	£108,233
Total Expenses	£16,584	£16,628	£16,670	£16,734	£16,800	£83,416
Profit Before Tax	£4,296	£4,565	£4,841	£5,315	£5,800	£24,817
Profit After Tax	£3,480	£3,698	£3,921	£4,305	£4,698	£20,102
Change In Property Value	£4	£8,700	£15,530	£20,666	£14,397	£59,297
Net Return	£3,484	£12,398	£19,451	£24,970	£19,095	£79,398
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%