	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,356	£28,781	£29,213	£29,943	£30,692	£146,986
Total Expenses	£25,106	£25,198	£25,283	£25,397	£25,515	£126,499
Profit Before Tax	£3,250	£3,583	£3,931	£4,546	£5,177	£20,487
Profit After Tax	£2,633	£2,902	£3,184	£3,682	£4,193	£16,594
Change In Property Value	£6	£12,600	£22,491	£29,929	£20,851	£85,878
Net Return	£2,639	£15,502	£25,675	£33,612	£25,044	£102,472
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%