	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,736	£51,497	£52,784	£54,104	£55,727	£264,849
Total Expenses	£41,194	£41,316	£41,488	£41,664	£41,869	£207,531
Profit Before Tax	£9,542	£10,181	£11,297	£12,440	£13,858	£57,318
Profit After Tax	£7,729	£8,246	£9,150	£10,077	£11,225	£46,428
Change In Property Value	£9	£9	£17,200	£30,703	£40,856	£88,777
Net Return	£7,738	£8,255	£26,351	£40,779	£52,082	£135,204
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	9%	14%	18%	47%