	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,076	£44,737	£45,408	£46,543	£47,707	£228,472
Total Expenses	£40,996	£41,112	£41,220	£41,375	£41,534	£206,237
Profit Before Tax	£3,080	£3,625	£4,188	£5,168	£6,173	£22,235
Profit After Tax	£2,495	£2,936	£3,392	£4,186	£5,000	£18,010
Change In Property Value	£11	£21,500	£38,378	£51,070	£35,579	£146,538
Net Return	£2,506	£24,437	£41,770	£55,256	£40,579	£164,548
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	11%	15%	11%	44%