	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,936	£28,355	£28,780	£29,500	£30,237	£144,809
Total Expenses	£25,225	£25,317	£25,400	£25,514	£25,630	£127,086
Profit Before Tax	£2,711	£3,038	£3,380	£3,986	£4,607	£17,723
Profit After Tax	£2,196	£2,461	£2,738	£3,229	£3,732	£14,356
Change In Property Value	£6	£12,700	£22,670	£30,167	£21,016	£86,559
Net Return	£2,202	£15,161	£25,408	£33,396	£24,748	£100,915
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%