	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,400	£51,156	£51,923	£53,221	£54,552	£261,253
Total Expenses	£45,650	£45,776	£45,893	£46,065	£46,241	£229,625
Profit Before Tax	£4,750	£5,380	£6,030	£7,156	£8,311	£31,628
Profit After Tax	£3,848	£4,358	£4,884	£5,797	£6,732	£25,619
Change In Property Value	£12	£24,000	£42,840	£57,008	£39,716	£163,577
Net Return	£3,860	£28,358	£47,725	£62,805	£46,448	£189,196
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	45%