	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,872	£26,260	£26,654	£27,320	£28,003	£134,110
Total Expenses	£23,088	£23,177	£23,257	£23,365	£23,476	£116,363
Profit Before Tax	£2,784	£3,083	£3,397	£3,955	£4,527	£17,746
Profit After Tax	£2,255	£2,498	£2,752	£3,203	£3,667	£14,375
Change In Property Value	£6	£11,500	£20,528	£27,317	£19,031	£78,381
Net Return	£2,261	£13,998	£23,279	£30,520	£22,697	£92,755
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%