	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,444	£24,811	£25,431	£26,067	£26,849	£127,601
Total Expenses	£23,091	£23,174	£23,279	£23,387	£23,507	£116,439
Profit Before Tax	£1,353	£1,637	£2,152	£2,680	£3,341	£11,162
Profit After Tax	£1,096	£1,326	£1,743	£2,171	£2,706	£9,042
Change In Property Value	£5	£5	£9,400	£16,779	£22,328	£48,517
Net Return	£1,100	£1,330	£11,143	£18,950	£25,035	£57,558
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	1%	7%	12%	16%	38%