	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,600	£21,924	£22,253	£22,809	£23,379	£111,965
Total Expenses	£17,137	£17,182	£17,225	£17,291	£17,359	£86,195
Profit Before Tax	£4,463	£4,742	£5,028	£5,518	£6,020	£25,771
Profit After Tax	£3,615	£3,841	£4,072	£4,470	£4,877	£20,874
Change In Property Value	£4	£8,999	£16,063	£21,376	£14,892	£61,335
Net Return	£3,619	£12,840	£20,136	£25,845	£19,768	£82,209
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%