	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,048	£18,319	£18,594	£19,058	£19,535	£93,553
Total Expenses	£16,707	£16,784	£16,853	£16,941	£17,031	£84,316
Profit Before Tax	£1,341	£1,535	£1,741	£2,117	£2,504	£9,238
Profit After Tax	£1,086	£1,243	£1,410	£1,715	£2,028	£7,483
Change In Property Value	£4	£8,020	£14,316	£19,050	£13,272	£54,662
Net Return	£1,090	£9,263	£15,726	£20,765	£15,300	£62,145
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%