	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,452	£22,789	£23,131	£23,709	£24,302	£116,382
Total Expenses	£20,301	£20,384	£20,459	£20,559	£20,661	£102,364
Profit Before Tax	£2,151	£2,405	£2,671	£3,150	£3,641	£14,018
Profit After Tax	£1,743	£1,948	£2,164	£2,551	£2,949	£11,354
Change In Property Value	£5	£9,980	£17,814	£23,706	£16,515	£68,021
Net Return	£1,748	£11,928	£19,978	£26,257	£19,464	£79,375
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%