	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,028	£29,463	£29,905	£30,653	£31,419	£150,469
Total Expenses	£26,621	£26,714	£26,800	£26,916	£27,036	£134,087
Profit Before Tax	£2,407	£2,749	£3,106	£3,737	£4,384	£16,382
Profit After Tax	£1,950	£2,227	£2,516	£3,027	£3,551	£13,270
Change In Property Value	£7	£13,500	£24,098	£32,067	£22,340	£92,012
Net Return	£1,956	£15,727	£26,613	£35,094	£25,891	£105,282
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	47%