	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,056	£22,387	£22,723	£23,291	£23,873	£114,329
Total Expenses	£19,971	£20,054	£20,129	£20,228	£20,329	£100,711
Profit Before Tax	£2,085	£2,332	£2,594	£3,063	£3,544	£13,618
Profit After Tax	£1,689	£1,889	£2,101	£2,481	£2,871	£11,031
Change In Property Value	£5	£9,800	£17,493	£23,278	£16,217	£66,794
Net Return	£1,693	£11,689	£19,594	£25,759	£19,088	£77,825
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%