	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£42,420	£43,056	£43,702	£44,795	£45,915	£219,888
Total Expenses	£38,739	£38,852	£38,958	£39,109	£39,264	£194,922
Profit Before Tax	£3,681	£4,204	£4,744	£5,686	£6,651	£24,966
Profit After Tax	£2,982	£3,405	£3,843	£4,605	£5,387	£20,222
Change In Property Value	£10	£20,200	£36,057	£47,982	£33,427	£137,677
Net Return	£2,992	£23,605	£39,900	£52,587	£38,815	£157,900
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	15%	11%	46%