	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,700	£51,461	£52,232	£53,538	£54,877	£262,808
Total Expenses	£48,898	£49,024	£49,142	£49,314	£49,491	£245,868
Profit Before Tax	£1,803	£2,437	£3,091	£4,224	£5,386	£16,940
Profit After Tax	£1,460	£1,974	£2,503	£3,421	£4,363	£13,722
Change In Property Value	£13	£26,000	£46,410	£61,759	£43,025	£177,208
Net Return	£1,473	£27,974	£48,914	£65,181	£47,388	£190,930
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	6%	11%	14%	10%	41%