	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,500	£22,837	£23,180	£23,760	£24,354	£116,631
Total Expenses	£18,727	£18,811	£18,886	£18,986	£19,088	£94,498
Profit Before Tax	£3,773	£4,027	£4,294	£4,774	£5,266	£22,133
Profit After Tax	£3,056	£3,262	£3,478	£3,867	£4,265	£17,927
Change In Property Value	£4	£8,999	£16,063	£21,376	£14,892	£61,335
Net Return	£3,061	£12,261	£19,541	£25,242	£19,157	£79,262
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	54%