	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,640	£30,085	£30,837	£31,608	£32,556	£154,725
Total Expenses	£27,579	£27,669	£27,787	£27,908	£28,046	£138,990
Profit Before Tax	£2,061	£2,415	£3,049	£3,699	£4,510	£15,735
Profit After Tax	£1,670	£1,956	£2,470	£2,996	£3,653	£12,746
Change In Property Value	£6	£6	£11,400	£20,349	£27,079	£58,840
Net Return	£1,675	£1,962	£13,870	£23,346	£30,732	£71,586
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	7%	12%	16%	38%