	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,160	£50,912	£51,676	£52,968	£54,292	£260,009
Total Expenses	£42,196	£42,283	£42,370	£42,510	£42,653	£212,011
Profit Before Tax	£7,965	£8,629	£9,306	£10,458	£11,640	£47,998
Profit After Tax	£6,451	£6,990	£7,538	£8,471	£9,428	£38,878
Change In Property Value	£11	£22,800	£40,698	£54,158	£37,730	£155,398
Net Return	£6,463	£29,790	£48,236	£62,629	£47,158	£194,276
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	7%	12%	16%	12%	49%