	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,292	£20,596	£20,905	£21,428	£21,964	£105,185
Total Expenses	£19,956	£20,036	£20,108	£20,202	£20,298	£100,601
Profit Before Tax	£336	£560	£797	£1,226	£1,665	£4,584
Profit After Tax	£272	£454	£646	£993	£1,349	£3,713
Change In Property Value	£7,425	£17,585	£23,400	£27,171	£19,970	£95,551
Net Return	£7,697	£18,039	£24,046	£28,163	£21,319	£99,264
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	5%	11%	15%	17%	13%	61%