	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,004	£50,754	£51,515	£52,803	£54,123	£259,200
Total Expenses	£47,219	£47,344	£47,461	£47,632	£47,807	£237,463
Profit Before Tax	£2,785	£3,410	£4,054	£5,171	£6,317	£21,737
Profit After Tax	£2,256	£2,762	£3,284	£4,189	£5,117	£17,607
Change In Property Value	£13	£25,000	£44,625	£59,384	£41,371	£170,393
Net Return	£2,268	£27,762	£47,909	£63,573	£46,487	£188,000
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	6%	11%	14%	11%	43%