	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,096	£30,547	£31,006	£31,781	£32,575	£156,005
Total Expenses	£27,532	£27,627	£27,714	£27,833	£27,956	£138,662
Profit Before Tax	£2,564	£2,920	£3,292	£3,947	£4,620	£17,343
Profit After Tax	£2,077	£2,365	£2,666	£3,197	£3,742	£14,048
Change In Property Value	£7	£14,000	£24,990	£33,255	£23,168	£95,420
Net Return	£2,084	£16,365	£27,656	£36,452	£26,910	£109,468
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	47%