	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,780	£22,107	£22,438	£22,999	£23,574	£112,899
Total Expenses	£20,105	£20,187	£20,261	£20,359	£20,460	£101,372
Profit Before Tax	£1,675	£1,919	£2,177	£2,640	£3,115	£11,526
Profit After Tax	£1,357	£1,555	£1,763	£2,138	£2,523	£9,336
Change In Property Value	£5	£9,900	£17,672	£23,516	£16,383	£67,475
Net Return	£1,362	£11,455	£19,435	£25,654	£18,906	£76,812
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	47%