	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£51,000	£51,765	£52,541	£53,855	£55,201	£264,363
Total Expenses	£48,123	£48,250	£48,368	£48,541	£48,719	£242,001
Profit Before Tax	£2,877	£3,515	£4,173	£5,314	£6,483	£22,362
Profit After Tax	£2,330	£2,847	£3,380	£4,304	£5,251	£18,113
Change In Property Value	£13	£25,500	£45,518	£60,571	£42,198	£173,800
Net Return	£2,343	£28,348	£48,898	£64,875	£47,449	£191,913
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	6%	11%	14%	10%	42%