	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,600	£21,924	£22,472	£23,034	£23,725	£112,755
Total Expenses	£20,514	£20,558	£20,623	£20,690	£20,770	£103,155
Profit Before Tax	£1,086	£1,366	£1,849	£2,344	£2,955	£9,600
Profit After Tax	£880	£1,107	£1,498	£1,898	£2,393	£7,776
Change In Property Value	£5	£5	£9,000	£16,065	£21,378	£46,453
Net Return	£884	£1,111	£10,498	£17,964	£23,772	£54,229
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	1%	7%	12%	16%	37%