	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,580	£20,889	£21,202	£21,732	£22,275	£106,678
Total Expenses	£18,324	£18,367	£18,409	£18,472	£18,537	£92,109
Profit Before Tax	£2,256	£2,522	£2,793	£3,260	£3,738	£14,569
Profit After Tax	£1,828	£2,042	£2,263	£2,641	£3,028	£11,801
Change In Property Value	£7,350	£17,407	£23,164	£26,896	£19,769	£94,586
Net Return	£9,178	£19,450	£25,427	£29,537	£22,797	£106,387
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	6%	12%	16%	18%	14%	66%