	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£49,200	£49,938	£50,687	£51,954	£53,253	£255,032
Total Expenses	£45,530	£45,654	£45,770	£45,938	£46,111	£229,003
Profit Before Tax	£3,670	£4,284	£4,917	£6,016	£7,142	£26,030
Profit After Tax	£2,973	£3,470	£3,983	£4,873	£5,785	£21,084
Change In Property Value	£12	£24,000	£42,840	£57,008	£39,716	£163,577
Net Return	£2,985	£27,470	£46,823	£61,881	£45,501	£184,661
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	11%	15%	11%	44%