	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,524	£22,862	£23,433	£24,019	£24,740	£117,578
Total Expenses	£21,114	£21,194	£21,294	£21,397	£21,511	£106,510
Profit Before Tax	£1,410	£1,668	£2,139	£2,623	£3,228	£11,068
Profit After Tax	£1,142	£1,351	£1,733	£2,124	£2,615	£8,965
Change In Property Value	£4	£4	£8,500	£15,173	£20,191	£43,872
Net Return	£1,146	£1,355	£10,233	£17,297	£22,806	£52,837
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	7%	13%	17%	38%