	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,280	£20,584	£21,099	£21,626	£22,275	£105,864
Total Expenses	£19,501	£19,578	£19,672	£19,769	£19,876	£98,396
Profit Before Tax	£779	£1,007	£1,427	£1,858	£2,399	£7,468
Profit After Tax	£631	£815	£1,156	£1,505	£1,943	£6,049
Change In Property Value	£4	£4	£7,800	£13,923	£18,528	£40,259
Net Return	£635	£819	£8,956	£15,428	£20,471	£46,309
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	1%	7%	12%	16%	37%