	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,556	£17,819	£18,087	£18,539	£19,002	£91,003
Total Expenses	£16,304	£16,380	£16,448	£16,535	£16,624	£82,291
Profit Before Tax	£1,252	£1,439	£1,639	£2,004	£2,378	£8,712
Profit After Tax	£1,014	£1,166	£1,327	£1,623	£1,926	£7,057
Change In Property Value	£4	£7,800	£13,923	£18,528	£12,908	£53,162
Net Return	£1,018	£8,966	£15,251	£20,151	£14,834	£60,219
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%