	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,028	£20,328	£20,633	£21,149	£21,678	£103,817
Total Expenses	£18,321	£18,401	£18,472	£18,566	£18,661	£92,420
Profit Before Tax	£1,707	£1,928	£2,161	£2,584	£3,017	£11,396
Profit After Tax	£1,383	£1,561	£1,751	£2,093	£2,444	£9,231
Change In Property Value	£4	£8,900	£15,887	£21,141	£14,728	£60,660
Net Return	£1,387	£10,462	£17,637	£23,233	£17,172	£69,891
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%