	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,800	£23,142	£23,489	£24,076	£24,678	£118,186
Total Expenses	£19,563	£19,647	£19,723	£19,824	£19,926	£98,684
Profit Before Tax	£3,237	£3,495	£3,766	£4,253	£4,752	£19,502
Profit After Tax	£2,622	£2,831	£3,051	£3,445	£3,849	£15,797
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£2,627	£12,331	£20,008	£26,011	£19,570	£80,546
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%