	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,916	£21,230	£21,548	£22,087	£22,639	£108,420
Total Expenses	£20,115	£20,196	£20,269	£20,365	£20,463	£101,407
Profit Before Tax	£801	£1,034	£1,279	£1,722	£2,177	£7,013
Profit After Tax	£649	£837	£1,036	£1,395	£1,763	£5,680
Change In Property Value	£5	£9,960	£17,779	£23,658	£16,482	£67,884
Net Return	£654	£10,797	£18,815	£25,053	£18,245	£73,565
Return From Rental Income (%)	0%	1%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	15%	11%	45%