	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,392	£28,818	£29,250	£29,981	£30,731	£147,172
Total Expenses	£25,142	£25,234	£25,318	£25,433	£25,551	£126,679
Profit Before Tax	£3,250	£3,584	£3,932	£4,548	£5,180	£20,494
Profit After Tax	£2,633	£2,903	£3,185	£3,684	£4,196	£16,600
Change In Property Value	£6	£12,620	£22,527	£29,977	£20,884	£86,014
Net Return	£2,639	£15,523	£25,712	£33,661	£25,080	£102,614
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%