	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£45,096	£45,772	£46,459	£47,621	£48,811	£233,759
Total Expenses	£41,902	£42,020	£42,129	£42,287	£42,449	£210,788
Profit Before Tax	£3,194	£3,753	£4,330	£5,333	£6,362	£22,971
Profit After Tax	£2,587	£3,040	£3,507	£4,320	£5,153	£18,607
Change In Property Value	£11	£22,000	£39,270	£52,258	£36,406	£149,945
Net Return	£2,598	£25,040	£42,777	£56,578	£41,559	£168,552
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	11%	15%	11%	44%