	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,100	£44,761	£45,433	£46,569	£47,733	£228,596
Total Expenses	£37,942	£38,058	£38,166	£38,321	£38,480	£190,966
Profit Before Tax	£6,159	£6,704	£7,267	£8,248	£9,253	£37,630
Profit After Tax	£4,988	£5,430	£5,886	£6,681	£7,495	£30,480
Change In Property Value	£10	£19,600	£34,986	£46,557	£32,435	£133,588
Net Return	£4,998	£25,030	£40,873	£53,237	£39,929	£164,068
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	7%	12%	16%	12%	49%