	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,064	£20,365	£20,874	£21,396	£22,038	£104,737
Total Expenses	£17,496	£17,572	£17,666	£17,762	£17,869	£88,364
Profit Before Tax	£2,568	£2,793	£3,208	£3,634	£4,169	£16,372
Profit After Tax	£2,080	£2,262	£2,599	£2,944	£3,377	£13,262
Change In Property Value	£3	£3	£6,800	£12,138	£16,153	£35,098
Net Return	£2,084	£2,266	£9,399	£15,082	£19,529	£48,359
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	9%	14%	18%	45%