	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,476	£22,813	£23,155	£23,734	£24,328	£116,506
Total Expenses	£21,461	£21,545	£21,620	£21,720	£21,822	£108,168
Profit Before Tax	£1,015	£1,268	£1,535	£2,014	£2,506	£8,338
Profit After Tax	£822	£1,027	£1,243	£1,632	£2,030	£6,754
Change In Property Value	£5	£10,700	£19,100	£25,416	£17,707	£72,928
Net Return	£827	£11,727	£20,343	£27,048	£19,736	£79,682
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	15%	11%	45%