	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,192	£24,555	£24,923	£25,546	£26,185	£125,401
Total Expenses	£22,114	£22,200	£22,278	£22,382	£22,489	£111,463
Profit Before Tax	£2,078	£2,355	£2,645	£3,164	£3,696	£13,939
Profit After Tax	£1,683	£1,907	£2,143	£2,563	£2,994	£11,290
Change In Property Value	£5	£10,999	£19,633	£26,126	£18,201	£74,966
Net Return	£1,689	£12,906	£21,776	£28,689	£21,195	£86,256
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%