	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,700	£21,010	£21,326	£21,859	£22,405	£107,300
Total Expenses	£18,871	£18,952	£19,024	£19,119	£19,217	£95,182
Profit Before Tax	£1,830	£2,059	£2,302	£2,740	£3,189	£12,118
Profit After Tax	£1,482	£1,668	£1,864	£2,219	£2,583	£9,816
Change In Property Value	£5	£9,200	£16,422	£21,853	£15,224	£62,704
Net Return	£1,486	£10,868	£18,286	£24,072	£17,807	£72,520
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%