	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,456	£21,778	£22,322	£22,880	£23,567	£112,003
Total Expenses	£19,619	£19,697	£19,794	£19,894	£20,005	£99,010
Profit Before Tax	£1,837	£2,081	£2,528	£2,986	£3,561	£12,993
Profit After Tax	£1,488	£1,685	£2,048	£2,419	£2,885	£10,525
Change In Property Value	£7,800	£7,956	£16,230	£21,099	£22,154	£75,240
Net Return	£9,288	£9,641	£18,278	£23,518	£25,039	£85,764
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	7%	8%	15%	19%	20%	69%