	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£52,800	£53,592	£54,396	£55,756	£57,150	£273,693
Total Expenses	£45,890	£46,019	£46,141	£46,318	£46,500	£230,869
Profit Before Tax	£6,910	£7,573	£8,255	£9,437	£10,649	£42,825
Profit After Tax	£5,597	£6,134	£6,687	£7,644	£8,626	£34,688
Change In Property Value	£12	£24,000	£42,840	£57,008	£39,716	£163,577
Net Return	£5,609	£30,134	£49,527	£64,653	£48,342	£198,265
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	15%	11%	47%