	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,296	£25,675	£26,317	£26,975	£27,785	£132,049
Total Expenses	£22,780	£22,864	£22,971	£23,081	£23,204	£114,901
Profit Before Tax	£2,516	£2,811	£3,346	£3,894	£4,580	£17,148
Profit After Tax	£2,038	£2,277	£2,710	£3,154	£3,710	£13,890
Change In Property Value	£9,200	£9,384	£19,143	£24,886	£26,131	£88,744
Net Return	£11,238	£11,661	£21,854	£28,041	£29,841	£102,634
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	8%	8%	15%	19%	20%	69%