	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,652	£20,962	£21,486	£22,023	£22,684	£107,806
Total Expenses	£17,951	£18,028	£18,124	£18,221	£18,330	£90,655
Profit Before Tax	£2,701	£2,933	£3,362	£3,802	£4,354	£17,151
Profit After Tax	£2,187	£2,376	£2,723	£3,079	£3,526	£13,892
Change In Property Value	£4	£4	£7,000	£12,495	£16,628	£36,130
Net Return	£2,191	£2,380	£9,723	£15,575	£20,154	£50,022
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	45%