	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,336	£21,656	£21,981	£22,530	£23,094	£110,597
Total Expenses	£19,385	£19,467	£19,540	£19,637	£19,736	£97,764
Profit Before Tax	£1,951	£2,189	£2,441	£2,894	£3,358	£12,833
Profit After Tax	£1,581	£1,773	£1,977	£2,344	£2,720	£10,395
Change In Property Value	£5	£9,480	£16,922	£22,518	£15,688	£64,613
Net Return	£1,585	£11,254	£18,899	£24,862	£18,408	£75,008
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%