	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£54,600	£55,419	£56,250	£57,657	£59,098	£283,024
Total Expenses	£49,288	£49,419	£49,544	£49,726	£49,913	£247,889
Profit Before Tax	£5,313	£6,000	£6,707	£7,931	£9,185	£35,135
Profit After Tax	£4,303	£4,860	£5,432	£6,424	£7,440	£28,459
Change In Property Value	£13	£26,000	£46,410	£61,759	£43,025	£177,208
Net Return	£4,316	£30,860	£51,843	£68,183	£50,465	£205,667
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	44%