	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,016	£20,316	£20,621	£21,137	£21,665	£103,755
Total Expenses	£16,389	£16,469	£16,540	£16,634	£16,729	£82,762
Profit Before Tax	£3,627	£3,847	£4,081	£4,503	£4,936	£20,993
Profit After Tax	£2,938	£3,116	£3,305	£3,647	£3,998	£17,004
Change In Property Value	£4	£7,700	£13,745	£18,290	£12,742	£52,481
Net Return	£2,942	£10,816	£17,050	£21,937	£16,740	£69,485
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%