	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,092	£22,423	£22,760	£23,329	£23,912	£114,516
Total Expenses	£17,882	£17,965	£18,040	£18,138	£18,239	£90,265
Profit Before Tax	£4,210	£4,458	£4,720	£5,190	£5,673	£24,251
Profit After Tax	£3,410	£3,611	£3,823	£4,204	£4,595	£19,643
Change In Property Value	£4	£8,499	£15,171	£20,188	£14,064	£57,927
Net Return	£3,414	£12,110	£18,994	£24,392	£18,659	£77,570
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	57%