	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,700	£21,010	£21,536	£22,074	£22,736	£108,057
Total Expenses	£20,424	£20,466	£20,530	£20,594	£20,671	£102,685
Profit Before Tax	£276	£544	£1,006	£1,480	£2,065	£5,372
Profit After Tax	£224	£441	£815	£1,199	£1,673	£4,351
Change In Property Value	£4,500	£4,545	£13,771	£18,913	£22,128	£63,857
Net Return	£4,724	£4,986	£14,586	£20,111	£23,801	£68,208
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	3%	3%	10%	14%	16%	47%