	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,776	£32,253	£32,736	£33,555	£34,394	£164,714
Total Expenses	£30,113	£30,211	£30,300	£30,424	£30,550	£151,599
Profit Before Tax	£1,663	£2,042	£2,436	£3,131	£3,843	£13,115
Profit After Tax	£1,347	£1,654	£1,973	£2,536	£3,113	£10,623
Change In Property Value	£8	£15,500	£27,668	£36,818	£25,650	£105,643
Net Return	£1,355	£17,154	£29,641	£39,354	£28,763	£116,266
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	11%	15%	11%	45%