	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,128	£19,415	£19,706	£20,199	£20,704	£99,152
Total Expenses	£17,587	£17,666	£17,736	£17,827	£17,920	£88,736
Profit Before Tax	£1,541	£1,749	£1,970	£2,372	£2,784	£10,415
Profit After Tax	£1,248	£1,417	£1,596	£1,921	£2,255	£8,436
Change In Property Value	£4	£8,500	£15,173	£20,190	£14,066	£57,933
Net Return	£1,252	£9,917	£16,768	£22,112	£16,321	£66,370
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%