	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,780	£25,152	£25,529	£26,167	£26,821	£128,449
Total Expenses	£23,461	£23,548	£23,627	£23,733	£23,841	£118,210
Profit Before Tax	£1,319	£1,603	£1,902	£2,434	£2,981	£10,239
Profit After Tax	£1,068	£1,299	£1,540	£1,972	£2,414	£8,293
Change In Property Value	£5,900	£17,877	£24,551	£28,725	£23,347	£100,400
Net Return	£6,968	£19,176	£26,092	£30,697	£25,761	£108,693
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	4%	10%	13%	16%	13%	56%