	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,884	£23,227	£23,808	£24,403	£25,135	£119,458
Total Expenses	£21,745	£21,826	£21,927	£22,030	£22,146	£109,674
Profit Before Tax	£1,139	£1,402	£1,881	£2,373	£2,989	£9,784
Profit After Tax	£922	£1,135	£1,524	£1,922	£2,421	£7,925
Change In Property Value	£4	£4	£8,800	£15,708	£20,903	£45,421
Net Return	£927	£1,140	£10,324	£17,630	£23,325	£53,345
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	1%	7%	12%	16%	37%