	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,996	£22,326	£22,661	£23,227	£23,808	£114,018
Total Expenses	£20,285	£20,368	£20,443	£20,541	£20,642	£102,281
Profit Before Tax	£1,711	£1,957	£2,218	£2,686	£3,166	£11,738
Profit After Tax	£1,386	£1,586	£1,796	£2,176	£2,564	£9,507
Change In Property Value	£5	£9,999	£17,848	£23,751	£16,547	£68,150
Net Return	£1,391	£11,585	£19,645	£25,927	£19,111	£77,658
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%