	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,272	£22,606	£22,945	£23,519	£24,107	£115,449
Total Expenses	£20,154	£20,237	£20,312	£20,411	£20,513	£101,627
Profit Before Tax	£2,118	£2,369	£2,633	£3,107	£3,594	£13,822
Profit After Tax	£1,716	£1,919	£2,133	£2,517	£2,911	£11,195
Change In Property Value	£5	£9,900	£17,672	£23,516	£16,383	£67,475
Net Return	£1,721	£11,819	£19,804	£26,033	£19,294	£78,671
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%