	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,560	£28,988	£29,423	£30,159	£30,913	£148,043
Total Expenses	£25,235	£25,290	£25,344	£25,428	£25,514	£126,812
Profit Before Tax	£3,325	£3,698	£4,079	£4,731	£5,399	£21,232
Profit After Tax	£2,693	£2,995	£3,304	£3,832	£4,373	£17,198
Change In Property Value	£7	£13,600	£24,276	£32,305	£22,506	£92,694
Net Return	£2,700	£16,596	£27,580	£36,137	£26,879	£109,891
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%