	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,400	£20,706	£21,224	£21,754	£22,407	£106,491
Total Expenses	£17,331	£17,408	£17,502	£17,599	£17,707	£87,548
Profit Before Tax	£3,069	£3,298	£3,721	£4,155	£4,700	£18,943
Profit After Tax	£2,486	£2,672	£3,014	£3,365	£3,807	£15,344
Change In Property Value	£3	£3	£6,700	£11,960	£15,915	£34,582
Net Return	£2,489	£2,675	£9,714	£15,325	£19,722	£49,925
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	19%	47%