	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£56,280	£57,124	£57,981	£59,431	£60,916	£291,732
Total Expenses	£50,743	£50,877	£51,004	£51,190	£51,382	£255,195
Profit Before Tax	£5,538	£6,247	£6,977	£8,240	£9,535	£36,537
Profit After Tax	£4,485	£5,060	£5,652	£6,675	£7,723	£29,595
Change In Property Value	£13	£26,800	£47,838	£63,659	£44,349	£182,661
Net Return	£4,499	£31,861	£53,490	£70,334	£52,072	£212,256
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	44%