	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£47,580	£48,294	£49,501	£50,739	£52,261	£248,374
Total Expenses	£41,077	£41,194	£41,358	£41,526	£41,720	£206,875
Profit Before Tax	£6,503	£7,099	£8,143	£9,213	£10,540	£41,499
Profit After Tax	£5,268	£5,751	£6,596	£7,463	£8,538	£33,614
Change In Property Value	£9	£9	£17,300	£30,881	£41,094	£89,293
Net Return	£5,276	£5,759	£23,896	£38,344	£49,632	£122,907
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	8%	13%	17%	42%