	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,320	£22,655	£22,995	£23,569	£24,159	£115,698
Total Expenses	£19,193	£19,277	£19,352	£19,451	£19,553	£96,826
Profit Before Tax	£3,127	£3,378	£3,643	£4,118	£4,606	£18,872
Profit After Tax	£2,533	£2,736	£2,951	£3,336	£3,731	£15,286
Change In Property Value	£5	£9,300	£16,601	£22,091	£15,390	£63,386
Net Return	£2,537	£12,036	£19,551	£25,427	£19,121	£78,672
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%