	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,404	£22,740	£23,309	£23,891	£24,608	£116,952
Total Expenses	£18,610	£18,656	£18,723	£18,792	£18,875	£93,656
Profit Before Tax	£3,794	£4,085	£4,585	£5,099	£5,733	£23,296
Profit After Tax	£3,073	£3,308	£3,714	£4,130	£4,644	£18,870
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£3,077	£3,312	£11,714	£18,410	£23,647	£60,161
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	18%	47%