	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,380	£28,806	£29,238	£29,969	£30,718	£147,110
Total Expenses	£26,074	£26,166	£26,250	£26,365	£26,483	£131,338
Profit Before Tax	£2,307	£2,640	£2,988	£3,604	£4,235	£15,772
Profit After Tax	£1,868	£2,138	£2,420	£2,919	£3,430	£12,776
Change In Property Value	£7	£13,200	£23,562	£31,355	£21,844	£89,967
Net Return	£1,875	£15,338	£25,982	£34,273	£25,274	£102,743
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	47%