	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£53,100	£53,897	£55,244	£56,625	£58,324	£277,189
Total Expenses	£41,516	£41,607	£41,752	£41,901	£42,082	£208,857
Profit Before Tax	£11,584	£12,290	£13,492	£14,724	£16,242	£68,332
Profit After Tax	£9,383	£9,955	£10,928	£11,926	£13,156	£55,349
Change In Property Value	£9	£9	£17,999	£32,129	£42,754	£92,901
Net Return	£9,392	£9,964	£28,928	£44,055	£55,910	£148,249
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	18%	49%