	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,800	£23,142	£23,721	£24,314	£25,043	£119,019
Total Expenses	£22,022	£22,068	£22,137	£22,207	£22,291	£110,725
Profit Before Tax	£778	£1,074	£1,584	£2,107	£2,752	£8,294
Profit After Tax	£630	£870	£1,283	£1,706	£2,229	£6,719
Change In Property Value	£5	£5	£9,700	£17,315	£23,041	£50,066
Net Return	£635	£875	£10,983	£19,021	£25,271	£56,784
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	1%	7%	12%	16%	36%