	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,776	£23,118	£23,464	£24,051	£24,652	£118,061
Total Expenses	£18,370	£18,454	£18,530	£18,631	£18,733	£92,719
Profit Before Tax	£4,406	£4,663	£4,934	£5,420	£5,919	£25,343
Profit After Tax	£3,569	£3,777	£3,997	£4,391	£4,794	£20,528
Change In Property Value	£4	£8,760	£15,637	£20,808	£14,496	£59,706
Net Return	£3,573	£12,537	£19,634	£25,199	£19,291	£80,233
Return From Rental Income (%)	3%	3%	3%	3%	3%	14%
Total Net Return (%)	3%	9%	14%	18%	14%	57%