	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,172	£20,475	£20,782	£21,301	£21,834	£104,563
Total Expenses	£19,107	£19,188	£19,259	£19,353	£19,449	£96,356
Profit Before Tax	£1,065	£1,287	£1,522	£1,948	£2,385	£8,207
Profit After Tax	£862	£1,043	£1,233	£1,578	£1,932	£6,648
Change In Property Value	£5	£9,380	£16,743	£22,281	£15,522	£63,931
Net Return	£867	£10,423	£17,977	£23,859	£17,454	£70,579
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	12%	16%	11%	46%