	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£46,668	£47,368	£48,079	£49,281	£50,513	£241,908
Total Expenses	£40,032	£40,152	£40,264	£40,426	£40,592	£201,467
Profit Before Tax	£6,636	£7,216	£7,814	£8,854	£9,920	£40,440
Profit After Tax	£5,375	£5,845	£6,330	£7,172	£8,035	£32,757
Change In Property Value	£10	£20,740	£37,021	£49,265	£34,321	£141,358
Net Return	£5,385	£26,585	£43,351	£56,437	£42,357	£174,114
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	49%