	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,600	£21,924	£22,253	£22,809	£23,379	£111,965
Total Expenses	£18,639	£18,721	£18,795	£18,892	£18,992	£94,040
Profit Before Tax	£2,961	£3,203	£3,458	£3,917	£4,387	£17,926
Profit After Tax	£2,399	£2,594	£2,801	£3,173	£3,554	£14,520
Change In Property Value	£5	£9,000	£16,065	£21,378	£14,893	£61,341
Net Return	£2,403	£11,594	£18,866	£24,551	£18,447	£75,861
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%