	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	£20,110	£20,190	£20,290	£20,392	£20,506	£101,488
Profit Before Tax	£2,294	£2,550	£3,019	£3,499	£4,102	£15,463
Profit After Tax	£1,858	£2,066	£2,445	£2,834	£3,322	£12,525
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£1,862	£2,070	£10,445	£17,115	£22,325	£53,817
Return From Rental Income (%)	1%	2%	2%	2%	3%	10%
Total Net Return (%)	1%	2%	8%	13%	17%	42%