	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,884	£23,227	£23,576	£24,165	£24,769	£118,621
Total Expenses	£21,019	£21,104	£21,180	£21,280	£21,383	£105,966
Profit Before Tax	£1,865	£2,124	£2,396	£2,885	£3,386	£12,655
Profit After Tax	£1,510	£1,720	£1,941	£2,337	£2,742	£10,250
Change In Property Value	£5	£10,400	£18,564	£24,704	£17,210	£70,883
Net Return	£1,516	£12,120	£20,505	£27,040	£19,953	£81,134
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%