	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,040	£23,386	£23,970	£24,569	£25,307	£120,272
Total Expenses	£21,848	£21,894	£21,963	£22,034	£22,119	£109,858
Profit Before Tax	£1,192	£1,492	£2,007	£2,535	£3,188	£10,414
Profit After Tax	£966	£1,208	£1,626	£2,054	£2,582	£8,435
Change In Property Value	£5	£5	£9,600	£17,136	£22,804	£49,550
Net Return	£970	£1,213	£11,226	£19,190	£25,386	£57,985
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	1%	7%	12%	16%	37%