	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,360	£24,725	£25,344	£25,977	£26,756	£127,163
Total Expenses	£21,695	£21,777	£21,882	£21,989	£22,110	£109,453
Profit Before Tax	£2,665	£2,948	£3,462	£3,988	£4,647	£17,710
Profit After Tax	£2,159	£2,388	£2,804	£3,230	£3,764	£14,345
Change In Property Value	£4	£4	£8,700	£15,530	£20,666	£44,904
Net Return	£2,163	£2,392	£11,504	£18,760	£24,430	£59,249
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	8%	13%	17%	42%