	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,960	£28,379	£28,805	£29,525	£30,263	£144,933
Total Expenses	£25,786	£25,841	£25,894	£25,976	£26,061	£129,557
Profit Before Tax	£2,174	£2,539	£2,912	£3,549	£4,203	£15,376
Profit After Tax	£1,761	£2,056	£2,358	£2,875	£3,404	£12,454
Change In Property Value	£7	£13,980	£24,955	£33,207	£23,134	£95,284
Net Return	£1,768	£16,036	£27,313	£36,082	£26,539	£107,738
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%