	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,104	£22,436	£22,772	£23,341	£23,925	£114,578
Total Expenses	£17,885	£17,968	£18,043	£18,141	£18,242	£90,279
Profit Before Tax	£4,219	£4,468	£4,730	£5,200	£5,683	£24,299
Profit After Tax	£3,418	£3,619	£3,831	£4,212	£4,603	£19,682
Change In Property Value	£4	£8,500	£15,173	£20,190	£14,066	£57,933
Net Return	£3,422	£12,119	£19,004	£24,403	£18,669	£77,616
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	57%