	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£62,796	£63,738	£64,694	£66,311	£67,969	£325,508
Total Expenses	£56,381	£56,525	£56,662	£56,866	£57,074	£283,508
Profit Before Tax	£6,415	£7,213	£8,032	£9,446	£10,895	£42,000
Profit After Tax	£5,196	£5,842	£6,506	£7,651	£8,825	£34,020
Change In Property Value	£15	£29,900	£53,372	£71,023	£49,479	£203,790
Net Return	£5,211	£35,742	£59,878	£78,674	£58,304	£237,810
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	44%