	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,156	£21,473	£21,795	£22,340	£22,899	£109,664
Total Expenses	£18,594	£18,676	£18,749	£18,846	£18,944	£93,809
Profit Before Tax	£2,562	£2,797	£3,046	£3,495	£3,955	£15,854
Profit After Tax	£2,075	£2,266	£2,467	£2,831	£3,203	£12,842
Change In Property Value	£5	£9,000	£16,065	£21,378	£14,893	£61,341
Net Return	£2,079	£11,266	£18,533	£24,209	£18,097	£74,183
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	13%	17%	12%	51%