	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	£20,287	£20,370	£20,445	£20,543	£20,644	£102,289
Profit Before Tax	£1,709	£1,956	£2,216	£2,684	£3,164	£11,730
Profit After Tax	£1,384	£1,584	£1,795	£2,174	£2,563	£9,501
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£1,389	£11,584	£19,645	£25,928	£19,111	£77,658
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	47%