	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,956	£20,255	£20,559	£21,073	£21,600	£103,444
Total Expenses	£19,279	£19,359	£19,430	£19,523	£19,619	£97,209
Profit Before Tax	£677	£897	£1,129	£1,550	£1,981	£6,234
Profit After Tax	£549	£726	£915	£1,255	£1,605	£5,050
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£553	£10,226	£17,872	£23,821	£17,326	£69,799
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	15%	11%	45%