	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,200	£25,578	£25,962	£26,611	£27,276	£130,626
Total Expenses	£22,536	£22,624	£22,704	£22,810	£22,919	£113,594
Profit Before Tax	£2,664	£2,954	£3,258	£3,800	£4,357	£17,032
Profit After Tax	£2,158	£2,393	£2,639	£3,078	£3,529	£13,796
Change In Property Value	£6	£11,199	£19,990	£26,602	£18,532	£76,329
Net Return	£2,163	£13,592	£22,629	£29,680	£22,061	£90,125
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%