	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,400	£23,751	£24,107	£24,710	£25,328	£121,296
Total Expenses	£19,571	£19,619	£19,664	£19,735	£19,808	£98,397
Profit Before Tax	£3,829	£4,132	£4,443	£4,975	£5,520	£22,899
Profit After Tax	£3,101	£3,347	£3,599	£4,030	£4,471	£18,548
Change In Property Value	£5	£10,400	£18,564	£24,704	£17,210	£70,883
Net Return	£3,107	£13,747	£22,163	£28,733	£21,681	£89,431
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	13%	52%