	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,680	£32,155	£32,638	£33,453	£34,290	£164,216
Total Expenses	£28,334	£28,432	£28,521	£28,644	£28,770	£142,701
Profit Before Tax	£3,346	£3,724	£4,117	£4,809	£5,519	£21,515
Profit After Tax	£2,710	£3,016	£3,335	£3,896	£4,471	£17,427
Change In Property Value	£7	£14,400	£25,704	£34,205	£23,829	£98,146
Net Return	£2,717	£17,416	£29,039	£38,101	£28,300	£115,573
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%