	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,636	£21,961	£22,290	£22,847	£23,418	£112,152
Total Expenses	£20,734	£20,816	£20,890	£20,988	£21,087	£104,515
Profit Before Tax	£902	£1,144	£1,400	£1,860	£2,331	£7,637
Profit After Tax	£731	£927	£1,134	£1,506	£1,888	£6,186
Change In Property Value	£5	£10,300	£18,386	£24,466	£17,045	£70,202
Net Return	£736	£11,227	£19,520	£25,972	£18,933	£76,388
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	15%	11%	45%