	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,636	£21,961	£22,290	£22,847	£23,418	£112,152
Total Expenses	£20,734	£20,816	£20,890	£20,988	£21,087	£104,515
Profit Before Tax	£902	£1,144	£1,400	£1,860	£2,331	£7,637
Profit After Tax	£731	£927	£1,134	£1,506	£1,888	£6,186
Change In Property Value	£5,150	£15,605	£21,430	£25,073	£20,379	£87,637
Net Return	£5,881	£16,531	£22,564	£26,580	£22,267	£93,823
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	3%	10%	13%	16%	13%	56%