	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,328	£26,723	£27,124	£27,802	£28,497	£136,473
Total Expenses	£23,455	£23,545	£23,626	£23,735	£23,848	£118,209
Profit Before Tax	£2,873	£3,178	£3,498	£4,066	£4,649	£18,265
Profit After Tax	£2,327	£2,574	£2,833	£3,294	£3,766	£14,795
Change In Property Value	£6	£11,700	£20,885	£27,792	£19,361	£79,744
Net Return	£2,333	£14,275	£23,718	£31,085	£23,127	£94,538
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%