	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,832	£30,279	£30,734	£31,502	£32,290	£154,637
Total Expenses	£26,315	£26,410	£26,496	£26,615	£26,736	£132,573
Profit Before Tax	£3,517	£3,870	£4,237	£4,887	£5,553	£22,064
Profit After Tax	£2,849	£3,134	£3,432	£3,958	£4,498	£17,872
Change In Property Value	£7	£13,260	£23,669	£31,497	£21,943	£90,376
Net Return	£2,855	£16,394	£27,102	£35,456	£26,441	£108,248
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%