	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,780	£31,242	£31,710	£32,503	£33,316	£159,551
Total Expenses	£27,086	£27,182	£27,270	£27,391	£27,515	£136,443
Profit Before Tax	£3,694	£4,060	£4,441	£5,112	£5,801	£23,108
Profit After Tax	£2,992	£3,288	£3,597	£4,141	£4,699	£18,717
Change In Property Value	£7	£13,680	£24,419	£32,495	£22,638	£93,239
Net Return	£2,999	£16,969	£28,016	£36,636	£27,337	£111,956
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%