	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,496	£20,803	£21,115	£21,643	£22,184	£106,243
Total Expenses	£18,637	£18,680	£18,722	£18,785	£18,850	£93,674
Profit Before Tax	£1,859	£2,123	£2,394	£2,858	£3,335	£12,569
Profit After Tax	£1,506	£1,720	£1,939	£2,315	£2,701	£10,181
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£1,511	£11,720	£19,789	£26,069	£19,249	£78,338
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%