	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£54,000	£54,810	£55,632	£57,023	£58,449	£279,914
Total Expenses	£46,010	£46,141	£46,264	£46,445	£46,630	£231,491
Profit Before Tax	£7,990	£8,669	£9,368	£10,578	£11,818	£48,423
Profit After Tax	£6,472	£7,022	£7,588	£8,568	£9,573	£39,223
Change In Property Value	£12	£24,000	£42,840	£57,008	£39,716	£163,577
Net Return	£6,484	£31,022	£50,428	£65,576	£49,289	£202,799
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	48%