	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,384	£24,750	£25,121	£25,749	£26,393	£126,397
Total Expenses	£21,491	£21,578	£21,656	£21,760	£21,868	£108,353
Profit Before Tax	£2,893	£3,172	£3,465	£3,989	£4,525	£18,044
Profit After Tax	£2,343	£2,569	£2,807	£3,231	£3,665	£14,616
Change In Property Value	£5	£10,600	£18,921	£25,179	£17,541	£72,246
Net Return	£2,349	£13,169	£21,728	£28,409	£21,207	£86,862
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	12%	16%	12%	50%