	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	£19,458	£19,539	£19,610	£19,704	£19,800	£98,111
Profit Before Tax	£702	£924	£1,159	£1,584	£2,021	£6,390
Profit After Tax	£568	£748	£939	£1,283	£1,637	£5,176
Change In Property Value	£5	£9,599	£17,134	£22,801	£15,885	£65,424
Net Return	£573	£10,347	£18,073	£24,084	£17,522	£70,600
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	15%	11%	45%