	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,300	£27,710	£28,125	£28,828	£29,549	£141,512
Total Expenses	£24,144	£24,197	£24,249	£24,330	£24,413	£121,332
Profit Before Tax	£3,156	£3,512	£3,876	£4,498	£5,136	£20,180
Profit After Tax	£2,557	£2,845	£3,140	£3,644	£4,161	£16,345
Change In Property Value	£7	£13,000	£23,205	£30,880	£21,513	£88,604
Net Return	£2,563	£15,845	£26,345	£34,523	£25,673	£104,950
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%