	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,400	£29,841	£30,289	£31,046	£31,822	£152,397
Total Expenses	£27,463	£27,557	£27,642	£27,760	£27,880	£138,302
Profit Before Tax	£1,938	£2,284	£2,646	£3,286	£3,942	£14,096
Profit After Tax	£1,569	£1,850	£2,143	£2,662	£3,193	£11,418
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£1,576	£15,851	£27,134	£35,916	£26,360	£106,837
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%