	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,248	£25,627	£26,011	£26,661	£27,328	£130,875
Total Expenses	£22,575	£22,663	£22,742	£22,849	£22,958	£113,788
Profit Before Tax	£2,673	£2,964	£3,269	£3,812	£4,369	£17,087
Profit After Tax	£2,165	£2,401	£2,648	£3,088	£3,539	£13,841
Change In Property Value	£6	£11,220	£20,028	£26,651	£18,567	£76,472
Net Return	£2,171	£13,621	£22,676	£29,739	£22,106	£90,313
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%