	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,396	£21,717	£22,043	£22,594	£23,159	£110,908
Total Expenses	£19,101	£19,183	£19,257	£19,354	£19,453	£96,347
Profit Before Tax	£2,295	£2,534	£2,786	£3,240	£3,706	£14,561
Profit After Tax	£1,859	£2,052	£2,257	£2,625	£3,002	£11,794
Change In Property Value	£5	£9,300	£16,601	£22,091	£15,390	£63,386
Net Return	£1,864	£11,353	£18,857	£24,715	£18,392	£75,180
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	8%	12%	16%	12%	50%