	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,472	£23,824	£24,181	£24,786	£25,406	£121,669
Total Expenses	£21,126	£21,212	£21,288	£21,391	£21,495	£106,513
Profit Before Tax	£2,346	£2,612	£2,893	£3,395	£3,910	£15,157
Profit After Tax	£1,900	£2,116	£2,343	£2,750	£3,167	£12,277
Change In Property Value	£5	£10,430	£18,618	£24,775	£17,260	£71,088
Net Return	£1,905	£12,546	£20,961	£27,525	£20,427	£83,365
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%