	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,000	£24,360	£24,969	£25,593	£26,361	£125,283
Total Expenses	£22,736	£22,783	£22,855	£22,928	£23,015	£114,317
Profit Before Tax	£1,264	£1,577	£2,114	£2,665	£3,346	£10,967
Profit After Tax	£1,024	£1,277	£1,713	£2,159	£2,710	£8,883
Change In Property Value	£5	£5	£9,999	£17,849	£23,751	£51,609
Net Return	£1,029	£1,282	£11,712	£20,007	£26,461	£60,492
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	1%	7%	12%	16%	37%