	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,316	£23,666	£24,021	£24,621	£25,237	£120,860
Total Expenses	£21,384	£21,469	£21,546	£21,648	£21,752	£107,799
Profit Before Tax	£1,932	£2,196	£2,475	£2,974	£3,485	£13,061
Profit After Tax	£1,565	£1,779	£2,005	£2,409	£2,823	£10,580
Change In Property Value	£5	£10,600	£18,921	£25,179	£17,541	£72,246
Net Return	£1,570	£12,379	£20,926	£27,587	£20,364	£82,826
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%