	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,004	£20,304	£20,812	£21,332	£21,972	£104,424
Total Expenses	£18,370	£18,412	£18,473	£18,536	£18,611	£92,403
Profit Before Tax	£1,634	£1,892	£2,338	£2,796	£3,361	£12,020
Profit After Tax	£1,323	£1,533	£1,894	£2,264	£2,722	£9,737
Change In Property Value	£4,000	£4,040	£12,241	£16,811	£19,669	£56,762
Net Return	£5,323	£5,573	£14,135	£19,076	£22,391	£66,498
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	4%	4%	11%	15%	17%	52%