	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,704	£44,360	£45,025	£46,151	£47,304	£226,543
Total Expenses	£36,937	£37,052	£37,160	£37,314	£37,472	£185,935
Profit Before Tax	£6,767	£7,307	£7,865	£8,836	£9,832	£40,609
Profit After Tax	£5,482	£5,919	£6,371	£7,158	£7,964	£32,893
Change In Property Value	£10	£19,000	£33,915	£45,132	£31,442	£129,498
Net Return	£5,491	£24,919	£40,286	£52,289	£39,406	£162,391
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	16%	12%	50%