	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£62,400	£63,336	£64,919	£66,542	£68,539	£325,736
Total Expenses	£54,350	£54,455	£54,624	£54,797	£55,008	£273,234
Profit Before Tax	£8,050	£8,881	£10,295	£11,745	£13,531	£52,502
Profit After Tax	£6,521	£7,194	£8,339	£9,513	£10,960	£42,527
Change In Property Value	£12	£12	£24,000	£42,841	£57,009	£123,874
Net Return	£6,533	£7,206	£32,340	£52,354	£67,969	£166,401
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	8%	12%	16%	39%