	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,176	£31,644	£32,118	£32,921	£33,744	£161,603
Total Expenses	£29,001	£29,098	£29,186	£29,308	£29,433	£146,027
Profit Before Tax	£2,175	£2,546	£2,932	£3,613	£4,311	£15,576
Profit After Tax	£1,762	£2,062	£2,375	£2,926	£3,492	£12,617
Change In Property Value	£7	£14,846	£26,500	£35,264	£24,568	£101,186
Net Return	£1,769	£16,908	£28,875	£38,191	£28,059	£113,803
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%