	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	£41,518	£41,609	£41,754	£41,903	£42,084	£208,867
Profit Before Tax	£11,583	£12,288	£13,490	£14,722	£16,240	£68,322
Profit After Tax	£9,382	£9,953	£10,927	£11,925	£13,154	£55,341
Change In Property Value	£9	£9	£18,000	£32,131	£42,757	£92,906
Net Return	£9,391	£9,962	£28,927	£44,055	£55,911	£148,246
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	18%	49%