	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,404	£44,055	£44,716	£45,834	£46,980	£224,988
Total Expenses	£41,250	£41,365	£41,472	£41,626	£41,783	£207,498
Profit Before Tax	£2,154	£2,690	£3,243	£4,208	£5,196	£17,491
Profit After Tax	£1,745	£2,179	£2,627	£3,408	£4,209	£14,168
Change In Property Value	£11	£21,700	£38,735	£51,545	£35,910	£147,901
Net Return	£1,755	£23,879	£41,362	£54,953	£40,119	£162,068
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	6%	11%	15%	11%	43%