	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,476	£22,926	£23,384	£23,969	£24,568	£117,322
Total Expenses	£21,461	£21,556	£21,643	£21,743	£21,846	£108,250
Profit Before Tax	£1,015	£1,369	£1,741	£2,225	£2,722	£9,072
Profit After Tax	£822	£1,109	£1,410	£1,803	£2,205	£7,349
Change In Property Value	£16,050	£27,553	£34,716	£36,799	£32,506	£147,624
Net Return	£16,872	£28,662	£36,126	£38,602	£34,711	£154,972
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	8%	14%	18%	19%	17%	76%