	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,228	£24,591	£25,206	£25,836	£26,611	£126,473
Total Expenses	£21,768	£21,816	£21,888	£21,962	£22,051	£109,486
Profit Before Tax	£2,460	£2,775	£3,318	£3,874	£4,561	£16,987
Profit After Tax	£1,992	£2,248	£2,687	£3,138	£3,694	£13,760
Change In Property Value	£4,750	£4,798	£14,536	£19,963	£23,357	£67,404
Net Return	£6,742	£7,045	£17,224	£23,101	£27,051	£81,164
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	4%	5%	11%	15%	17%	52%