	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,328	£23,678	£24,033	£24,634	£25,250	£120,923
Total Expenses	£21,788	£21,873	£21,949	£22,051	£22,155	£109,816
Profit Before Tax	£1,540	£1,805	£2,084	£2,583	£3,094	£11,106
Profit After Tax	£1,248	£1,462	£1,688	£2,092	£2,506	£8,996
Change In Property Value	£5	£10,850	£19,367	£25,773	£17,955	£73,950
Net Return	£1,253	£12,312	£21,055	£27,865	£20,461	£82,947
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	11%	47%