	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,572	£25,956	£26,604	£27,270	£28,088	£133,489
Total Expenses	£23,006	£23,090	£23,198	£23,309	£23,433	£116,037
Profit Before Tax	£2,566	£2,865	£3,406	£3,961	£4,655	£17,453
Profit After Tax	£2,078	£2,321	£2,759	£3,208	£3,770	£14,137
Change In Property Value	£9,300	£9,486	£19,351	£25,157	£26,415	£89,709
Net Return	£11,378	£11,807	£22,110	£28,365	£30,185	£103,846
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	8%	8%	15%	19%	20%	69%