	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,200	£19,488	£19,780	£20,275	£20,782	£99,525
Total Expenses	£15,290	£15,331	£15,371	£15,431	£15,492	£76,915
Profit Before Tax	£3,910	£4,157	£4,410	£4,844	£5,290	£22,610
Profit After Tax	£3,167	£3,367	£3,572	£3,924	£4,285	£18,314
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£3,171	£11,367	£17,852	£22,927	£17,523	£72,840
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	57%