	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,844	£24,202	£24,565	£25,179	£25,808	£123,597
Total Expenses	£21,436	£21,521	£21,599	£21,702	£21,807	£108,065
Profit Before Tax	£2,408	£2,680	£2,966	£3,477	£4,001	£15,533
Profit After Tax	£1,951	£2,171	£2,403	£2,816	£3,241	£12,581
Change In Property Value	£5	£10,599	£18,919	£25,176	£17,540	£72,240
Net Return	£1,956	£12,770	£21,322	£27,993	£20,780	£84,821
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%