	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,720	£22,046	£22,597	£23,162	£23,857	£113,381
Total Expenses	£19,844	£19,922	£20,020	£20,121	£20,233	£100,140
Profit Before Tax	£1,876	£2,124	£2,577	£3,041	£3,624	£13,242
Profit After Tax	£1,520	£1,720	£2,087	£2,463	£2,935	£10,726
Change In Property Value	£7,900	£8,058	£16,438	£21,370	£22,438	£76,204
Net Return	£9,420	£9,778	£18,525	£23,833	£25,374	£86,930
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	7%	8%	15%	19%	20%	69%