	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,100	£23,446	£24,033	£24,633	£25,372	£120,585
Total Expenses	£19,585	£19,666	£19,767	£19,871	£19,988	£98,876
Profit Before Tax	£3,515	£3,781	£4,266	£4,762	£5,385	£21,709
Profit After Tax	£2,847	£3,063	£3,455	£3,858	£4,362	£17,584
Change In Property Value	£4	£4	£7,700	£13,745	£18,290	£39,743
Net Return	£2,851	£3,066	£11,155	£17,602	£22,652	£57,327
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	2%	2%	9%	14%	18%	47%