	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,156	£21,473	£21,795	£22,340	£22,899	£109,664
Total Expenses	£18,916	£18,998	£19,071	£19,167	£19,266	£95,418
Profit Before Tax	£2,240	£2,476	£2,724	£3,173	£3,633	£14,246
Profit After Tax	£1,814	£2,005	£2,207	£2,570	£2,943	£11,539
Change In Property Value	£5	£9,200	£16,422	£21,853	£15,224	£62,704
Net Return	£1,819	£11,205	£18,629	£24,423	£18,167	£74,244
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	50%