	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,800	£29,232	£29,963	£30,712	£31,633	£150,340
Total Expenses	£27,185	£27,240	£27,324	£27,409	£27,512	£136,670
Profit Before Tax	£1,615	£1,992	£2,639	£3,302	£4,121	£13,670
Profit After Tax	£1,308	£1,614	£2,138	£2,675	£3,338	£11,073
Change In Property Value	£6	£6	£12,000	£21,420	£28,504	£61,937
Net Return	£1,314	£1,620	£14,138	£24,095	£31,843	£73,010
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	1%	7%	12%	16%	37%