	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,520	£23,873	£24,231	£24,837	£25,458	£121,918
Total Expenses	£18,616	£18,664	£18,710	£18,781	£18,854	£93,625
Profit Before Tax	£4,904	£5,209	£5,521	£6,056	£6,604	£28,293
Profit After Tax	£3,972	£4,219	£4,472	£4,905	£5,349	£22,917
Change In Property Value	£5	£9,799	£17,491	£23,276	£16,216	£66,787
Net Return	£3,977	£14,018	£21,963	£28,181	£21,565	£89,704
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	13%	56%