	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,824	£20,121	£20,624	£21,140	£21,774	£103,484
Total Expenses	£16,877	£16,953	£17,046	£17,141	£17,247	£85,264
Profit Before Tax	£2,947	£3,169	£3,579	£3,999	£4,527	£18,220
Profit After Tax	£2,387	£2,567	£2,899	£3,239	£3,667	£14,759
Change In Property Value	£3	£3	£6,500	£11,603	£15,440	£33,549
Net Return	£2,391	£2,570	£9,399	£14,842	£19,107	£48,308
Return From Rental Income (%)	2%	3%	3%	3%	4%	14%
Total Net Return (%)	2%	3%	9%	15%	19%	47%