	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£26,400	£26,796	£27,466	£28,153	£28,997	£137,812
Total Expenses	£24,961	£25,012	£25,090	£25,170	£25,265	£125,498
Profit Before Tax	£1,439	£1,784	£2,376	£2,983	£3,732	£12,313
Profit After Tax	£1,165	£1,445	£1,924	£2,416	£3,023	£9,974
Change In Property Value	£5,500	£5,555	£16,832	£23,115	£27,045	£78,047
Net Return	£6,665	£7,000	£18,756	£25,532	£30,068	£88,021
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	4%	4%	10%	14%	17%	49%