	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,300	£27,710	£28,125	£28,828	£29,549	£141,512
Total Expenses	£25,644	£25,735	£25,817	£25,929	£26,044	£129,169
Profit Before Tax	£1,656	£1,975	£2,308	£2,899	£3,505	£12,343
Profit After Tax	£1,342	£1,600	£1,869	£2,348	£2,839	£9,998
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£1,348	£14,600	£25,075	£33,228	£24,352	£98,602
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%