	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,196	£23,544	£24,133	£24,736	£25,478	£121,086
Total Expenses	£20,190	£20,270	£20,372	£20,476	£20,593	£101,902
Profit Before Tax	£3,006	£3,274	£3,760	£4,259	£4,885	£19,184
Profit After Tax	£2,435	£2,652	£3,046	£3,450	£3,957	£15,539
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£2,439	£2,656	£11,046	£17,730	£22,960	£56,831
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	9%	14%	18%	44%