	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,020	£31,485	£31,958	£32,757	£33,575	£160,795
Total Expenses	£27,785	£27,882	£27,970	£28,092	£28,216	£139,946
Profit Before Tax	£3,235	£3,603	£3,987	£4,665	£5,359	£20,849
Profit After Tax	£2,620	£2,919	£3,230	£3,778	£4,341	£16,888
Change In Property Value	£7	£14,100	£25,169	£33,492	£23,333	£96,101
Net Return	£2,627	£17,019	£28,399	£37,271	£27,674	£112,989
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%