	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,680	£23,020	£23,366	£23,950	£24,548	£117,564
Total Expenses	£21,643	£21,727	£21,802	£21,902	£22,005	£109,078
Profit Before Tax	£1,038	£1,294	£1,563	£2,047	£2,544	£8,486
Profit After Tax	£840	£1,048	£1,266	£1,658	£2,060	£6,873
Change In Property Value	£5	£10,800	£19,278	£25,654	£17,872	£73,610
Net Return	£846	£11,848	£20,545	£27,312	£19,932	£80,483
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	15%	11%	45%