	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,996	£22,326	£22,884	£23,456	£24,160	£114,822
Total Expenses	£20,157	£20,201	£20,268	£20,336	£20,417	£101,378
Profit Before Tax	£1,839	£2,125	£2,616	£3,120	£3,743	£13,444
Profit After Tax	£1,490	£1,721	£2,119	£2,527	£3,032	£10,890
Change In Property Value	£4,400	£4,444	£13,465	£18,492	£21,636	£62,438
Net Return	£5,890	£6,165	£15,585	£21,020	£24,668	£73,327
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	4%	4%	11%	15%	17%	51%