	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£65,028	£66,003	£67,654	£69,345	£71,425	£339,455
Total Expenses	£57,588	£57,697	£57,873	£58,053	£58,272	£289,484
Profit Before Tax	£7,440	£8,306	£9,780	£11,292	£13,153	£49,971
Profit After Tax	£6,026	£6,728	£7,922	£9,146	£10,654	£40,476
Change In Property Value	£13	£13	£25,501	£45,518	£60,572	£131,616
Net Return	£6,039	£6,741	£33,423	£54,665	£71,226	£172,093
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	1%	1%	7%	12%	16%	38%