	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,488	£22,825	£23,168	£23,747	£24,341	£116,568
Total Expenses	£20,328	£20,412	£20,487	£20,587	£20,689	£102,503
Profit Before Tax	£2,160	£2,413	£2,680	£3,160	£3,652	£14,065
Profit After Tax	£1,749	£1,955	£2,171	£2,560	£2,958	£11,393
Change In Property Value	£5	£9,995	£17,841	£23,742	£16,540	£68,123
Net Return	£1,754	£11,950	£20,012	£26,301	£19,498	£79,516
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%