	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,372	£30,828	£31,290	£32,072	£32,874	£157,436
Total Expenses	£26,755	£26,851	£26,938	£27,058	£27,181	£134,784
Profit Before Tax	£3,617	£3,977	£4,352	£5,014	£5,693	£22,652
Profit After Tax	£2,930	£3,221	£3,525	£4,061	£4,611	£18,348
Change In Property Value	£7	£13,500	£24,098	£32,067	£22,340	£92,012
Net Return	£2,936	£16,721	£27,623	£36,129	£26,952	£110,360
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%