	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,772	£27,174	£27,581	£28,271	£28,977	£138,775
Total Expenses	£23,821	£23,911	£23,993	£24,104	£24,217	£120,047
Profit Before Tax	£2,951	£3,262	£3,588	£4,167	£4,760	£18,728
Profit After Tax	£2,390	£2,642	£2,906	£3,375	£3,856	£15,169
Change In Property Value	£6	£11,900	£21,242	£28,267	£19,692	£81,107
Net Return	£2,396	£14,542	£24,148	£31,642	£23,548	£96,276
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%