	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	£17,878	£17,925	£17,969	£18,038	£18,108	£89,918
Profit Before Tax	£4,682	£4,974	£5,273	£5,785	£6,311	£27,024
Profit After Tax	£3,792	£4,029	£4,271	£4,686	£5,112	£21,889
Change In Property Value	£5	£9,400	£16,779	£22,328	£15,555	£64,068
Net Return	£3,797	£13,429	£21,050	£27,014	£20,667	£85,957
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%