	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,476	£19,768	£20,262	£20,769	£21,392	£101,667
Total Expenses	£17,040	£17,116	£17,208	£17,302	£17,407	£86,074
Profit Before Tax	£2,436	£2,653	£3,054	£3,466	£3,985	£15,594
Profit After Tax	£1,973	£2,149	£2,474	£2,808	£3,227	£12,631
Change In Property Value	£3	£3	£6,600	£11,781	£15,677	£34,065
Net Return	£1,976	£2,152	£9,074	£14,589	£18,905	£46,696
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	9%	14%	18%	45%