	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,276	£30,730	£31,191	£31,971	£32,770	£156,938
Total Expenses	£27,164	£27,259	£27,347	£27,466	£27,589	£136,825
Profit Before Tax	£3,112	£3,471	£3,845	£4,505	£5,181	£20,113
Profit After Tax	£2,521	£2,811	£3,114	£3,649	£4,197	£16,292
Change In Property Value	£7	£13,760	£24,562	£32,685	£22,770	£93,784
Net Return	£2,528	£16,571	£27,676	£36,333	£26,967	£110,076
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%