	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,744	£31,205	£31,673	£32,465	£33,277	£159,364
Total Expenses	£29,206	£29,302	£29,390	£29,511	£29,634	£147,042
Profit Before Tax	£1,538	£1,903	£2,284	£2,954	£3,642	£12,322
Profit After Tax	£1,246	£1,542	£1,850	£2,393	£2,950	£9,981
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£1,254	£16,542	£28,625	£38,023	£27,773	£112,217
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	11%	15%	11%	45%