	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,636	£25,006	£25,381	£26,015	£26,666	£127,703
Total Expenses	£22,079	£22,166	£22,245	£22,350	£22,458	£111,299
Profit Before Tax	£2,557	£2,839	£3,136	£3,665	£4,208	£16,404
Profit After Tax	£2,071	£2,300	£2,540	£2,969	£3,408	£13,287
Change In Property Value	£5	£10,950	£19,546	£26,010	£18,120	£74,632
Net Return	£2,076	£13,250	£22,086	£28,979	£21,529	£87,919
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%