	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,880	£27,283	£27,692	£28,385	£29,094	£139,335
Total Expenses	£23,778	£23,831	£23,882	£23,962	£24,044	£119,498
Profit Before Tax	£3,102	£3,452	£3,810	£4,423	£5,051	£19,837
Profit After Tax	£2,512	£2,796	£3,086	£3,582	£4,091	£16,068
Change In Property Value	£6	£12,799	£22,846	£30,402	£21,180	£87,234
Net Return	£2,519	£15,595	£25,933	£33,984	£25,271	£103,302
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	49%