	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	£25,773	£25,866	£25,951	£26,066	£26,184	£129,841
Profit Before Tax	£2,823	£3,159	£3,510	£4,131	£4,767	£18,389
Profit After Tax	£2,286	£2,559	£2,843	£3,346	£3,862	£14,895
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£2,293	£15,559	£26,048	£34,225	£25,374	£103,499
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%