	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,976	£21,291	£21,610	£22,150	£22,704	£108,731
Total Expenses	£19,091	£19,173	£19,246	£19,341	£19,439	£96,290
Profit Before Tax	£1,885	£2,118	£2,364	£2,809	£3,265	£12,441
Profit After Tax	£1,527	£1,716	£1,915	£2,275	£2,644	£10,077
Change In Property Value	£5	£9,320	£16,636	£22,138	£15,423	£63,522
Net Return	£1,531	£11,036	£18,552	£24,413	£18,067	£73,599
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%