	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,372	£21,693	£22,018	£22,568	£23,133	£110,784
Total Expenses	£19,420	£19,502	£19,576	£19,673	£19,772	£97,943
Profit Before Tax	£1,952	£2,190	£2,442	£2,896	£3,361	£12,840
Profit After Tax	£1,581	£1,774	£1,978	£2,345	£2,722	£10,401
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£1,586	£11,274	£18,936	£24,911	£18,443	£75,150
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%