	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,600	£31,059	£31,525	£32,313	£33,121	£158,618
Total Expenses	£26,939	£27,035	£27,122	£27,243	£27,367	£135,706
Profit Before Tax	£3,661	£4,024	£4,402	£5,070	£5,754	£22,912
Profit After Tax	£2,965	£3,260	£3,566	£4,107	£4,661	£18,558
Change In Property Value	£7	£13,600	£24,276	£32,305	£22,506	£92,694
Net Return	£2,972	£16,860	£27,842	£36,411	£27,167	£111,252
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%