	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,720	£25,091	£25,467	£26,104	£26,756	£128,138
Total Expenses	£22,973	£23,060	£23,138	£23,244	£23,352	£115,766
Profit Before Tax	£1,747	£2,031	£2,329	£2,860	£3,405	£12,372
Profit After Tax	£1,415	£1,645	£1,886	£2,317	£2,758	£10,021
Change In Property Value	£6	£11,500	£20,528	£27,317	£19,031	£78,381
Net Return	£1,421	£13,145	£22,414	£29,633	£21,788	£88,402
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	11%	47%