	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,200	£19,488	£19,975	£20,475	£21,089	£100,227
Total Expenses	£18,401	£18,476	£18,568	£18,662	£18,766	£92,873
Profit Before Tax	£799	£1,012	£1,407	£1,813	£2,323	£7,354
Profit After Tax	£647	£820	£1,140	£1,468	£1,882	£5,957
Change In Property Value	£4	£4	£7,300	£13,031	£17,340	£37,678
Net Return	£651	£823	£8,440	£14,499	£19,222	£43,635
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	1%	7%	12%	17%	38%