	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£62,700	£63,640	£65,232	£66,862	£68,868	£327,302
Total Expenses	£51,913	£52,053	£52,255	£52,462	£52,705	£261,386
Profit Before Tax	£10,788	£11,588	£12,977	£14,401	£16,163	£65,916
Profit After Tax	£8,738	£9,386	£10,511	£11,665	£13,092	£53,392
Change In Property Value	£11	£11	£22,000	£39,271	£52,258	£113,551
Net Return	£8,749	£9,397	£32,512	£50,935	£65,351	£166,944
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	13%	17%	44%