	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,640	£20,950	£21,264	£21,795	£22,340	£106,989
Total Expenses	£17,899	£17,980	£18,053	£18,148	£18,245	£90,324
Profit Before Tax	£2,741	£2,969	£3,211	£3,648	£4,096	£16,665
Profit After Tax	£2,220	£2,405	£2,601	£2,955	£3,317	£13,498
Change In Property Value	£4	£8,600	£15,351	£20,428	£14,232	£58,615
Net Return	£2,224	£11,005	£17,952	£23,383	£17,549	£72,113
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%