	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,400	£45,066	£45,742	£46,886	£48,058	£230,151
Total Expenses	£36,202	£36,318	£36,427	£36,583	£36,743	£182,274
Profit Before Tax	£8,198	£8,748	£9,315	£10,302	£11,315	£47,877
Profit After Tax	£6,640	£7,085	£7,545	£8,345	£9,165	£38,781
Change In Property Value	£9	£18,500	£33,023	£43,944	£30,614	£126,091
Net Return	£6,650	£25,586	£40,568	£52,289	£39,779	£164,871
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%