	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£74,100	£75,211	£77,092	£79,019	£81,390	£386,812
Total Expenses	£64,447	£64,570	£64,768	£64,972	£65,220	£323,976
Profit Before Tax	£9,653	£10,642	£12,323	£14,047	£16,170	£62,836
Profit After Tax	£7,819	£8,620	£9,982	£11,378	£13,098	£50,897
Change In Property Value	£14	£14	£28,501	£50,874	£67,698	£147,101
Net Return	£7,833	£8,634	£38,483	£62,252	£80,796	£197,998
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	8%	12%	16%	39%