	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,616	£27,015	£27,420	£28,106	£28,809	£137,966
Total Expenses	£24,127	£24,217	£24,299	£24,409	£24,522	£121,575
Profit Before Tax	£2,489	£2,798	£3,122	£3,697	£4,286	£16,391
Profit After Tax	£2,016	£2,266	£2,528	£2,994	£3,472	£13,277
Change In Property Value	£6	£12,100	£21,599	£28,742	£20,023	£82,470
Net Return	£2,022	£14,366	£24,127	£31,736	£23,495	£95,747
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%