	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,828	£22,155	£22,709	£23,277	£23,975	£113,945
Total Expenses	£18,861	£18,939	£19,038	£19,138	£19,251	£95,227
Profit Before Tax	£2,967	£3,216	£3,672	£4,139	£4,725	£18,719
Profit After Tax	£2,404	£2,605	£2,974	£3,352	£3,827	£15,162
Change In Property Value	£4	£4	£7,399	£13,207	£17,575	£38,189
Net Return	£2,407	£2,609	£10,373	£16,560	£21,402	£53,351
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	45%