	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,160	£20,462	£20,769	£21,289	£21,821	£104,501
Total Expenses	£17,530	£17,610	£17,681	£17,775	£17,871	£88,467
Profit Before Tax	£2,631	£2,853	£3,088	£3,513	£3,950	£16,034
Profit After Tax	£2,131	£2,311	£2,501	£2,846	£3,199	£12,988
Change In Property Value	£4	£8,400	£14,994	£19,953	£13,901	£57,252
Net Return	£2,135	£10,711	£17,495	£22,799	£17,100	£70,240
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%