	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,800	£20,097	£20,599	£21,114	£21,748	£103,359
Total Expenses	£16,763	£16,804	£16,865	£16,928	£17,002	£84,362
Profit Before Tax	£3,037	£3,293	£3,734	£4,187	£4,746	£18,997
Profit After Tax	£2,460	£2,667	£3,025	£3,391	£3,844	£15,388
Change In Property Value	£4	£4	£7,200	£12,852	£17,103	£37,162
Net Return	£2,464	£2,671	£10,225	£16,244	£20,947	£52,550
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	14%	18%	46%