	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,800	£23,142	£23,721	£24,314	£25,043	£119,019
Total Expenses	£20,150	£20,230	£20,331	£20,434	£20,550	£101,695
Profit Before Tax	£2,650	£2,912	£3,390	£3,879	£4,493	£17,324
Profit After Tax	£2,147	£2,359	£2,746	£3,142	£3,639	£14,032
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£2,151	£2,363	£10,746	£17,423	£22,642	£55,324
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	2%	8%	14%	18%	43%