	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£61,500	£62,422	£63,983	£65,583	£67,550	£321,038
Total Expenses	£51,793	£51,931	£52,130	£52,334	£52,573	£260,760
Profit Before Tax	£9,708	£10,492	£11,853	£13,249	£14,977	£60,279
Profit After Tax	£7,863	£8,498	£9,601	£10,732	£12,131	£48,826
Change In Property Value	£11	£11	£22,000	£39,271	£52,258	£113,551
Net Return	£7,874	£8,509	£31,602	£50,003	£64,390	£162,377
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	2%	8%	13%	17%	42%