	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,796	£21,108	£21,425	£21,960	£22,509	£107,798
Total Expenses	£16,949	£17,031	£17,103	£17,199	£17,296	£85,578
Profit Before Tax	£3,847	£4,077	£4,321	£4,761	£5,213	£22,220
Profit After Tax	£3,116	£3,303	£3,500	£3,857	£4,222	£17,998
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,238	£54,525
Net Return	£3,120	£11,303	£17,780	£22,859	£17,461	£72,523
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%