	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,796	£21,108	£21,425	£21,960	£22,509	£107,798
Total Expenses	£20,006	£20,087	£20,160	£20,255	£20,353	£100,862
Profit Before Tax	£790	£1,021	£1,264	£1,705	£2,156	£6,936
Profit After Tax	£640	£827	£1,024	£1,381	£1,746	£5,618
Change In Property Value	£5	£9,900	£17,672	£23,516	£16,383	£67,475
Net Return	£645	£10,727	£18,696	£24,897	£18,129	£73,093
Return From Rental Income (%)	0%	1%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	15%	11%	45%