	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,748	£21,059	£21,586	£22,125	£22,789	£108,307
Total Expenses	£20,540	£20,617	£20,713	£20,810	£20,920	£103,600
Profit Before Tax	£208	£442	£873	£1,315	£1,870	£4,708
Profit After Tax	£169	£358	£707	£1,065	£1,514	£3,813
Change In Property Value	£4,150	£4,192	£12,700	£17,442	£20,407	£58,890
Net Return	£4,319	£4,550	£13,407	£18,507	£21,921	£62,703
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	3%	3%	10%	14%	16%	47%