	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,356	£28,781	£29,213	£29,943	£30,692	£146,986
Total Expenses	£25,054	£25,109	£25,162	£25,246	£25,331	£125,902
Profit Before Tax	£3,302	£3,673	£4,051	£4,698	£5,361	£21,084
Profit After Tax	£2,675	£2,975	£3,281	£3,805	£4,342	£17,078
Change In Property Value	£7	£13,500	£24,098	£32,067	£22,340	£92,012
Net Return	£2,682	£16,475	£27,379	£35,872	£26,682	£109,090
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%