	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,196	£29,634	£30,078	£30,830	£31,601	£151,340
Total Expenses	£27,281	£27,375	£27,460	£27,577	£27,697	£137,391
Profit Before Tax	£1,915	£2,259	£2,618	£3,253	£3,904	£13,949
Profit After Tax	£1,551	£1,830	£2,121	£2,635	£3,162	£11,298
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£1,558	£15,730	£26,932	£35,652	£26,164	£106,037
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%