	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,100	£23,446	£23,798	£24,393	£25,003	£119,741
Total Expenses	£22,006	£22,091	£22,167	£22,268	£22,372	£110,905
Profit Before Tax	£1,094	£1,356	£1,631	£2,125	£2,631	£8,836
Profit After Tax	£886	£1,098	£1,321	£1,721	£2,131	£7,157
Change In Property Value	£6	£11,000	£19,635	£26,129	£18,203	£74,973
Net Return	£891	£12,098	£20,956	£27,850	£20,334	£82,130
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	15%	11%	45%