	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£51,000	£51,765	£53,059	£54,386	£56,017	£266,227
Total Expenses	£39,324	£39,412	£39,552	£39,696	£39,869	£197,852
Profit Before Tax	£11,676	£12,353	£13,507	£14,690	£16,148	£68,375
Profit After Tax	£9,458	£10,006	£10,941	£11,899	£13,080	£55,383
Change In Property Value	£9	£9	£17,000	£30,346	£40,381	£87,744
Net Return	£9,466	£10,015	£27,941	£42,245	£53,461	£143,128
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	4%	10%	15%	19%	50%