	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£48,840	£49,573	£50,316	£51,574	£52,863	£253,166
Total Expenses	£42,598	£42,722	£42,837	£43,004	£43,176	£214,337
Profit Before Tax	£6,242	£6,851	£7,479	£8,570	£9,687	£38,829
Profit After Tax	£5,056	£5,549	£6,058	£6,941	£7,847	£31,452
Change In Property Value	£11	£22,200	£39,627	£52,733	£36,737	£151,309
Net Return	£5,067	£27,750	£45,686	£59,674	£44,584	£182,760
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	15%	12%	47%