	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,740	£26,126	£26,518	£27,181	£27,860	£133,426
Total Expenses	£23,396	£23,485	£23,565	£23,673	£23,784	£117,904
Profit Before Tax	£2,344	£2,641	£2,953	£3,508	£4,077	£15,522
Profit After Tax	£1,898	£2,139	£2,392	£2,841	£3,302	£12,573
Change In Property Value	£6	£11,700	£20,885	£27,792	£19,361	£79,744
Net Return	£1,904	£13,839	£23,276	£30,633	£22,663	£92,316
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%