	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£40,248	£40,852	£41,464	£42,501	£43,564	£208,629
Total Expenses	£32,678	£32,751	£32,822	£32,936	£33,053	£164,241
Profit Before Tax	£7,570	£8,101	£8,642	£9,565	£10,510	£44,388
Profit After Tax	£6,132	£6,562	£7,000	£7,747	£8,513	£35,954
Change In Property Value	£9	£17,500	£31,238	£41,569	£28,959	£119,275
Net Return	£6,141	£24,062	£38,238	£49,316	£37,473	£155,229
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	53%