	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,152	£22,484	£22,822	£23,392	£23,977	£114,827
Total Expenses	£21,188	£21,271	£21,345	£21,444	£21,545	£106,794
Profit Before Tax	£964	£1,214	£1,476	£1,948	£2,431	£8,033
Profit After Tax	£781	£983	£1,196	£1,578	£1,969	£6,507
Change In Property Value	£5	£10,550	£18,832	£25,060	£17,458	£71,906
Net Return	£787	£11,533	£20,028	£26,638	£19,428	£78,413
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	15%	11%	45%