	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£54,720	£55,541	£56,929	£58,353	£60,103	£285,646
Total Expenses	£46,949	£47,077	£47,259	£47,445	£47,662	£236,391
Profit Before Tax	£7,771	£8,464	£9,671	£10,908	£12,441	£49,255
Profit After Tax	£6,295	£6,856	£7,833	£8,835	£10,077	£39,896
Change In Property Value	£10	£10	£19,900	£35,522	£47,270	£102,712
Net Return	£6,305	£6,866	£27,734	£44,358	£57,347	£142,609
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	2%	8%	13%	17%	42%