	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,956	£23,300	£23,883	£24,480	£25,214	£119,833
Total Expenses	£20,649	£20,695	£20,764	£20,835	£20,919	£103,863
Profit Before Tax	£2,307	£2,605	£3,119	£3,645	£4,295	£15,971
Profit After Tax	£1,868	£2,110	£2,526	£2,952	£3,479	£12,936
Change In Property Value	£4,500	£4,545	£13,771	£18,913	£22,128	£63,857
Net Return	£6,368	£6,655	£16,297	£21,865	£25,607	£76,793
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	4%	5%	11%	15%	18%	53%