	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,348	£21,668	£22,210	£22,765	£23,448	£111,439
Total Expenses	£18,021	£18,099	£18,196	£18,296	£18,407	£91,018
Profit Before Tax	£3,327	£3,569	£4,014	£4,470	£5,042	£20,421
Profit After Tax	£2,695	£2,891	£3,251	£3,620	£4,084	£16,541
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£2,698	£2,895	£10,251	£16,116	£20,711	£52,671
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	15%	19%	47%