	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,536	£22,874	£23,217	£23,798	£24,393	£116,817
Total Expenses	£20,019	£20,103	£20,178	£20,278	£20,380	£100,960
Profit Before Tax	£2,517	£2,771	£3,039	£3,519	£4,012	£15,857
Profit After Tax	£2,038	£2,244	£2,461	£2,851	£3,250	£12,845
Change In Property Value	£5	£9,800	£17,493	£23,278	£16,217	£66,794
Net Return	£2,043	£12,045	£19,955	£26,129	£19,467	£79,638
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	12%	16%	12%	50%