	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,756	£22,082	£22,634	£23,200	£23,896	£113,569
Total Expenses	£19,054	£19,132	£19,231	£19,331	£19,443	£96,191
Profit Before Tax	£2,702	£2,950	£3,404	£3,869	£4,453	£17,378
Profit After Tax	£2,189	£2,389	£2,757	£3,134	£3,607	£14,077
Change In Property Value	£4	£4	£7,500	£13,388	£17,815	£38,711
Net Return	£2,193	£2,393	£10,257	£16,522	£21,422	£52,787
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	9%	14%	18%	44%