	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,528	£21,851	£22,179	£22,733	£23,301	£111,592
Total Expenses	£21,045	£21,127	£21,201	£21,298	£21,398	£106,068
Profit Before Tax	£483	£724	£978	£1,435	£1,904	£5,524
Profit After Tax	£391	£586	£792	£1,162	£1,542	£4,475
Change In Property Value	£5,250	£15,908	£21,846	£25,560	£20,775	£89,339
Net Return	£5,641	£16,494	£22,638	£26,723	£22,317	£93,813
Return From Rental Income (%)	0%	0%	0%	1%	1%	3%
Total Net Return (%)	3%	10%	13%	16%	13%	54%