	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,428	£25,809	£26,197	£26,851	£27,523	£131,808
Total Expenses	£22,722	£22,810	£22,890	£22,997	£23,107	£114,525
Profit Before Tax	£2,706	£3,000	£3,307	£3,855	£4,416	£17,284
Profit After Tax	£2,192	£2,430	£2,679	£3,122	£3,577	£14,000
Change In Property Value	£6	£11,300	£20,171	£26,841	£18,700	£77,017
Net Return	£2,198	£13,730	£22,849	£29,964	£22,277	£91,017
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%