	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,376	£26,772	£27,173	£27,853	£28,549	£136,722
Total Expenses	£23,492	£23,582	£23,663	£23,773	£23,885	£118,394
Profit Before Tax	£2,884	£3,190	£3,510	£4,080	£4,664	£18,328
Profit After Tax	£2,336	£2,584	£2,843	£3,305	£3,778	£14,846
Change In Property Value	£6	£11,720	£20,920	£27,839	£19,395	£79,880
Net Return	£2,342	£14,304	£23,764	£31,144	£23,172	£94,726
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%