	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£56,004	£56,844	£58,265	£59,722	£61,513	£292,348
Total Expenses	£45,775	£45,871	£46,024	£46,180	£46,370	£230,221
Profit Before Tax	£10,229	£10,973	£12,241	£13,541	£15,143	£62,128
Profit After Tax	£8,285	£8,888	£9,916	£10,969	£12,266	£50,324
Change In Property Value	£10	£10	£20,000	£35,701	£47,507	£103,229
Net Return	£8,295	£8,898	£29,916	£46,669	£59,773	£153,552
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	14%	17%	45%