	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,656	£26,041	£26,431	£27,092	£27,770	£132,990
Total Expenses	£22,905	£22,994	£23,074	£23,182	£23,292	£115,447
Profit Before Tax	£2,751	£3,047	£3,358	£3,910	£4,477	£17,543
Profit After Tax	£2,228	£2,468	£2,720	£3,167	£3,627	£14,210
Change In Property Value	£6	£11,400	£20,349	£27,079	£18,865	£77,699
Net Return	£2,234	£13,868	£23,069	£30,246	£22,492	£91,909
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%