	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£78,000	£79,170	£81,149	£83,178	£85,673	£407,171
Total Expenses	£67,813	£67,941	£68,150	£68,364	£68,624	£340,890
Profit Before Tax	£10,188	£11,229	£13,000	£14,814	£17,050	£66,280
Profit After Tax	£8,252	£9,095	£10,530	£12,000	£13,810	£53,687
Change In Property Value	£15	£15	£30,001	£53,551	£71,261	£154,843
Net Return	£8,267	£9,110	£40,530	£65,551	£85,071	£208,530
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	7%	12%	16%	38%