	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,476	£22,813	£23,155	£23,734	£24,328	£116,506
Total Expenses	£20,319	£20,403	£20,478	£20,578	£20,680	£102,457
Profit Before Tax	£2,157	£2,410	£2,677	£3,157	£3,648	£14,049
Profit After Tax	£1,747	£1,952	£2,169	£2,557	£2,955	£11,380
Change In Property Value	£5	£9,990	£17,832	£23,730	£16,532	£68,089
Net Return	£1,752	£11,943	£20,001	£26,287	£19,487	£79,469
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%