	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£60,696	£61,606	£62,531	£64,094	£65,696	£314,623
Total Expenses	£54,562	£54,704	£54,837	£55,035	£55,238	£274,376
Profit Before Tax	£6,134	£6,903	£7,694	£9,059	£10,458	£40,247
Profit After Tax	£4,968	£5,591	£6,232	£7,338	£8,471	£32,600
Change In Property Value	£14	£28,900	£51,587	£68,648	£47,824	£196,974
Net Return	£4,983	£34,492	£57,819	£75,985	£56,296	£229,574
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	44%