	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,552	£21,875	£22,203	£22,758	£23,327	£111,717
Total Expenses	£19,567	£19,649	£19,723	£19,821	£19,920	£98,680
Profit Before Tax	£1,985	£2,226	£2,480	£2,938	£3,407	£13,037
Profit After Tax	£1,608	£1,803	£2,009	£2,380	£2,760	£10,560
Change In Property Value	£5	£9,580	£17,100	£22,756	£15,853	£65,294
Net Return	£1,613	£11,383	£19,109	£25,136	£18,613	£75,854
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%