	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£48,180	£48,903	£49,636	£50,877	£52,149	£249,745
Total Expenses	£40,550	£40,634	£40,718	£40,853	£40,990	£203,745
Profit Before Tax	£7,630	£8,268	£8,918	£10,025	£11,159	£46,000
Profit After Tax	£6,181	£6,697	£7,224	£8,120	£9,039	£37,260
Change In Property Value	£11	£21,900	£39,092	£52,020	£36,241	£149,264
Net Return	£6,192	£28,598	£46,316	£60,140	£45,279	£186,524
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	12%	16%	12%	49%