	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£48,936	£49,670	£50,415	£51,675	£52,967	£253,664
Total Expenses	£44,377	£44,501	£44,616	£44,784	£44,956	£223,235
Profit Before Tax	£4,559	£5,169	£5,799	£6,891	£8,011	£30,429
Profit After Tax	£3,692	£4,187	£4,697	£5,582	£6,489	£24,647
Change In Property Value	£12	£23,300	£41,591	£55,346	£38,557	£158,806
Net Return	£3,704	£27,487	£46,288	£60,928	£45,047	£183,453
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	45%