	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,376	£23,727	£24,320	£24,928	£25,676	£122,026
Total Expenses	£20,604	£20,685	£20,788	£20,892	£21,010	£103,980
Profit Before Tax	£2,772	£3,041	£3,532	£4,035	£4,666	£18,046
Profit After Tax	£2,245	£2,463	£2,861	£3,269	£3,779	£14,617
Change In Property Value	£4	£4	£8,200	£14,637	£19,478	£42,324
Net Return	£2,249	£2,467	£11,061	£17,906	£23,257	£56,941
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	2%	8%	14%	18%	43%