	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£46,800	£47,502	£48,215	£49,420	£50,655	£242,592
Total Expenses	£43,790	£43,873	£43,954	£44,085	£44,219	£219,922
Profit Before Tax	£3,010	£3,629	£4,260	£5,335	£6,436	£22,670
Profit After Tax	£2,438	£2,940	£3,451	£4,321	£5,213	£18,363
Change In Property Value	£12	£24,000	£42,840	£57,008	£39,716	£163,577
Net Return	£2,450	£26,940	£46,291	£61,329	£44,929	£181,940
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	6%	11%	15%	11%	43%