	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,880	£30,328	£30,783	£31,553	£32,342	£154,886
Total Expenses	£27,350	£27,444	£27,531	£27,650	£27,771	£137,746
Profit Before Tax	£2,530	£2,884	£3,252	£3,903	£4,570	£17,140
Profit After Tax	£2,050	£2,336	£2,634	£3,161	£3,702	£13,883
Change In Property Value	£7	£13,900	£24,812	£33,017	£23,002	£94,738
Net Return	£2,057	£16,236	£27,446	£36,179	£26,704	£108,621
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	47%