	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,596	£22,935	£23,508	£24,096	£24,819	£117,954
Total Expenses	£22,193	£22,273	£22,373	£22,476	£22,590	£111,904
Profit Before Tax	£403	£662	£1,135	£1,620	£2,228	£6,050
Profit After Tax	£327	£537	£920	£1,313	£1,805	£4,900
Change In Property Value	£4,520	£4,565	£13,833	£18,997	£22,226	£64,141
Net Return	£4,847	£5,102	£14,752	£20,309	£24,031	£69,041
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	3%	3%	10%	14%	16%	47%