	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,720	£19,001	£19,286	£19,768	£20,262	£97,037
Total Expenses	£16,420	£16,498	£16,568	£16,658	£16,750	£82,894
Profit Before Tax	£2,300	£2,502	£2,718	£3,110	£3,512	£14,142
Profit After Tax	£1,863	£2,027	£2,202	£2,519	£2,845	£11,455
Change In Property Value	£4	£7,800	£13,923	£18,528	£12,908	£53,162
Net Return	£1,867	£9,827	£16,125	£21,047	£15,753	£64,618
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	13%	17%	13%	52%