	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,044	£22,375	£22,934	£23,507	£24,213	£115,073
Total Expenses	£21,312	£21,357	£21,423	£21,492	£21,573	£107,156
Profit Before Tax	£732	£1,018	£1,511	£2,016	£2,640	£7,917
Profit After Tax	£593	£825	£1,224	£1,633	£2,138	£6,413
Change In Property Value	£5	£5	£9,380	£16,744	£22,281	£48,414
Net Return	£598	£829	£10,604	£18,376	£24,419	£54,827
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	1%	7%	12%	16%	36%