	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,396	£18,672	£18,952	£19,426	£19,911	£95,357
Total Expenses	£16,710	£16,787	£16,856	£16,945	£17,037	£84,335
Profit Before Tax	£1,686	£1,885	£2,096	£2,480	£2,875	£11,022
Profit After Tax	£1,366	£1,527	£1,698	£2,009	£2,329	£8,928
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£1,370	£9,527	£15,978	£21,012	£15,567	£63,454
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%