	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,016	£26,406	£26,802	£27,472	£28,159	£134,856
Total Expenses	£23,205	£23,294	£23,375	£23,484	£23,595	£116,953
Profit Before Tax	£2,811	£3,112	£3,428	£3,989	£4,564	£17,903
Profit After Tax	£2,277	£2,521	£2,776	£3,231	£3,697	£14,502
Change In Property Value	£6	£11,564	£20,642	£27,469	£19,136	£78,817
Net Return	£2,283	£14,085	£23,418	£30,699	£22,833	£93,318
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%