	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,012	£21,327	£21,647	£22,188	£22,743	£108,918
Total Expenses	£19,127	£19,208	£19,281	£19,377	£19,476	£96,470
Profit Before Tax	£1,885	£2,119	£2,366	£2,811	£3,267	£12,448
Profit After Tax	£1,527	£1,716	£1,916	£2,277	£2,647	£10,083
Change In Property Value	£5	£9,340	£16,672	£22,186	£15,456	£63,659
Net Return	£1,532	£11,056	£18,588	£24,463	£18,103	£73,741
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%