	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,320	£22,655	£23,221	£23,802	£24,516	£116,513
Total Expenses	£21,578	£21,623	£21,690	£21,759	£21,841	£108,490
Profit Before Tax	£742	£1,032	£1,531	£2,043	£2,675	£8,023
Profit After Tax	£601	£836	£1,240	£1,655	£2,166	£6,499
Change In Property Value	£5	£5	£9,500	£16,958	£22,566	£49,034
Net Return	£606	£841	£10,740	£18,612	£24,733	£55,532
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	1%	7%	12%	16%	36%