	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	£40,194	£40,310	£40,418	£40,573	£40,733	£202,228
Profit Before Tax	£3,906	£4,452	£5,015	£5,995	£7,000	£26,368
Profit After Tax	£3,164	£3,606	£4,062	£4,856	£5,670	£21,358
Change In Property Value	£11	£21,000	£37,485	£49,882	£34,751	£143,130
Net Return	£3,175	£24,606	£41,547	£54,739	£40,422	£164,488
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	45%