	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,100	£26,492	£26,889	£27,561	£28,250	£135,292
Total Expenses	£23,272	£23,361	£23,441	£23,550	£23,662	£117,286
Profit Before Tax	£2,829	£3,131	£3,447	£4,011	£4,588	£18,006
Profit After Tax	£2,291	£2,536	£2,792	£3,249	£3,716	£14,585
Change In Property Value	£6	£11,600	£20,706	£27,554	£19,196	£79,062
Net Return	£2,297	£14,136	£23,499	£30,803	£22,912	£93,647
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%