	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,804	£31,266	£31,735	£32,528	£33,342	£159,675
Total Expenses	£27,603	£27,699	£27,787	£27,908	£28,032	£139,029
Profit Before Tax	£3,201	£3,567	£3,948	£4,620	£5,309	£20,646
Profit After Tax	£2,593	£2,889	£3,198	£3,742	£4,301	£16,723
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£2,600	£16,889	£28,188	£36,997	£27,468	£112,143
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%