	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,160	£20,462	£20,769	£21,289	£21,821	£104,501
Total Expenses	£17,960	£18,003	£18,044	£18,106	£18,170	£90,282
Profit Before Tax	£2,200	£2,460	£2,726	£3,183	£3,651	£14,219
Profit After Tax	£1,782	£1,992	£2,208	£2,578	£2,957	£11,517
Change In Property Value	£7,200	£17,052	£22,691	£26,347	£19,365	£92,656
Net Return	£8,982	£19,044	£24,899	£28,925	£22,322	£104,173
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	6%	12%	16%	18%	14%	67%