	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,200	£25,578	£26,217	£26,873	£27,679	£131,547
Total Expenses	£23,167	£23,251	£23,358	£23,467	£23,591	£116,834
Profit Before Tax	£2,033	£2,327	£2,859	£3,406	£4,088	£14,713
Profit After Tax	£1,647	£1,885	£2,316	£2,758	£3,312	£11,918
Change In Property Value	£4,700	£4,747	£14,383	£19,753	£23,111	£66,695
Net Return	£6,347	£6,632	£16,700	£22,512	£26,423	£78,613
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	4%	4%	11%	15%	17%	51%