	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£48,096	£48,817	£49,550	£50,788	£52,058	£249,310
Total Expenses	£43,650	£43,772	£43,886	£44,052	£44,222	£219,582
Profit Before Tax	£4,446	£5,045	£5,663	£6,736	£7,836	£29,728
Profit After Tax	£3,601	£4,087	£4,587	£5,456	£6,348	£24,079
Change In Property Value	£11	£22,900	£40,877	£54,395	£37,896	£156,080
Net Return	£3,613	£26,987	£45,464	£59,852	£44,243	£180,159
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	45%