	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£52,248	£53,032	£54,358	£55,716	£57,388	£272,742
Total Expenses	£43,416	£43,506	£43,649	£43,796	£43,974	£218,341
Profit Before Tax	£8,832	£9,526	£10,708	£11,920	£13,414	£54,400
Profit After Tax	£7,154	£7,716	£8,674	£9,655	£10,865	£44,064
Change In Property Value	£10	£10	£19,000	£33,916	£45,132	£98,067
Net Return	£7,163	£7,725	£27,674	£43,571	£55,997	£142,131
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	14%	17%	44%