	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,400	£23,751	£24,107	£24,710	£25,328	£121,296
Total Expenses	£21,071	£21,156	£21,233	£21,335	£21,439	£106,234
Profit Before Tax	£2,329	£2,595	£2,875	£3,375	£3,888	£15,062
Profit After Tax	£1,886	£2,102	£2,328	£2,734	£3,150	£12,200
Change In Property Value	£5	£10,400	£18,564	£24,704	£17,210	£70,883
Net Return	£1,892	£12,502	£20,893	£27,437	£20,360	£83,084
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%