	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£49,500	£50,243	£50,996	£52,271	£53,578	£256,588
Total Expenses	£42,343	£42,467	£42,583	£42,752	£42,926	£213,071
Profit Before Tax	£7,158	£7,776	£8,413	£9,519	£10,652	£43,517
Profit After Tax	£5,798	£6,298	£6,815	£7,710	£8,628	£35,249
Change In Property Value	£11	£22,000	£39,270	£52,258	£36,406	£149,945
Net Return	£5,809	£28,299	£46,085	£59,968	£45,034	£185,194
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	48%