	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,596	£29,025	£29,460	£30,197	£30,952	£148,230
Total Expenses	£24,273	£24,329	£24,383	£24,467	£24,553	£122,004
Profit Before Tax	£4,323	£4,696	£5,078	£5,730	£6,399	£26,226
Profit After Tax	£3,501	£3,804	£4,113	£4,641	£5,183	£21,243
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£3,508	£16,804	£27,318	£35,521	£26,696	£109,847
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	16%	12%	51%