	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,600	£28,014	£28,714	£29,432	£30,315	£144,076
Total Expenses	£26,073	£26,126	£26,207	£26,290	£26,389	£131,084
Profit Before Tax	£1,527	£1,888	£2,508	£3,143	£3,927	£12,992
Profit After Tax	£1,237	£1,529	£2,031	£2,546	£3,181	£10,523
Change In Property Value	£5,750	£5,808	£17,597	£24,166	£28,274	£81,595
Net Return	£6,987	£7,337	£19,628	£26,712	£31,455	£92,118
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	4%	4%	10%	14%	17%	49%