	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£48,288	£49,012	£49,748	£50,991	£52,266	£250,305
Total Expenses	£41,353	£41,475	£41,590	£41,756	£41,926	£208,099
Profit Before Tax	£6,935	£7,537	£8,158	£9,235	£10,340	£42,206
Profit After Tax	£5,618	£6,105	£6,608	£7,481	£8,375	£34,187
Change In Property Value	£11	£21,460	£38,306	£50,975	£35,513	£146,265
Net Return	£5,628	£27,565	£44,914	£58,456	£43,888	£180,452
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	49%