	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,820	£30,267	£30,721	£31,489	£32,277	£154,575
Total Expenses	£27,826	£27,921	£28,007	£28,126	£28,247	£140,128
Profit Before Tax	£1,994	£2,346	£2,714	£3,363	£4,029	£14,447
Profit After Tax	£1,615	£1,901	£2,198	£2,724	£3,264	£11,702
Change In Property Value	£7	£14,200	£25,347	£33,730	£23,499	£96,783
Net Return	£1,622	£16,101	£27,546	£36,454	£26,762	£108,485
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%