	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,660	£31,120	£31,587	£32,376	£33,186	£158,929
Total Expenses	£28,554	£28,650	£28,737	£28,858	£28,982	£143,781
Profit Before Tax	£2,106	£2,470	£2,849	£3,518	£4,204	£15,148
Profit After Tax	£1,706	£2,001	£2,308	£2,850	£3,405	£12,270
Change In Property Value	£7	£14,600	£26,061	£34,680	£24,160	£99,509
Net Return	£1,713	£16,601	£28,369	£37,530	£27,566	£111,779
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%