	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,672	£28,087	£28,508	£29,221	£29,952	£143,440
Total Expenses	£26,485	£26,577	£26,660	£26,773	£26,889	£133,384
Profit Before Tax	£1,187	£1,510	£1,848	£2,448	£3,063	£10,056
Profit After Tax	£961	£1,223	£1,497	£1,983	£2,481	£8,146
Change In Property Value	£7	£13,500	£24,098	£32,067	£22,340	£92,012
Net Return	£968	£14,723	£25,595	£34,050	£24,821	£100,158
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	11%	15%	11%	45%