	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,240	£30,694	£31,154	£31,933	£32,731	£156,752
Total Expenses	£28,190	£28,285	£28,372	£28,492	£28,615	£141,954
Profit Before Tax	£2,050	£2,408	£2,782	£3,441	£4,117	£14,797
Profit After Tax	£1,661	£1,951	£2,253	£2,787	£3,334	£11,986
Change In Property Value	£7	£14,400	£25,704	£34,205	£23,829	£98,146
Net Return	£1,668	£16,351	£27,957	£36,992	£27,164	£110,132
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%