	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,400	£51,156	£51,923	£53,221	£54,552	£261,253
Total Expenses	£44,150	£44,238	£44,325	£44,465	£44,609	£221,788
Profit Before Tax	£6,250	£6,918	£7,598	£8,756	£9,943	£39,465
Profit After Tax	£5,063	£5,603	£6,155	£7,092	£8,054	£31,967
Change In Property Value	£12	£24,000	£42,840	£57,008	£39,716	£163,577
Net Return	£5,075	£29,604	£48,995	£64,101	£47,770	£195,544
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	15%	11%	46%