	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	£52,505	£52,637	£52,761	£52,943	£53,130	£263,977
Profit Before Tax	£2,095	£2,782	£3,489	£4,713	£5,968	£19,047
Profit After Tax	£1,697	£2,254	£2,826	£3,818	£4,834	£15,428
Change In Property Value	£14	£28,000	£49,980	£66,510	£46,335	£190,840
Net Return	£1,711	£30,254	£52,807	£70,327	£51,169	£206,268
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	14%	10%	41%