	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£46,032	£46,722	£47,423	£48,609	£49,824	£238,611
Total Expenses	£39,518	£39,637	£39,748	£39,909	£40,073	£198,886
Profit Before Tax	£6,514	£7,085	£7,675	£8,700	£9,751	£39,725
Profit After Tax	£5,276	£5,739	£6,217	£7,047	£7,898	£32,177
Change In Property Value	£10	£20,460	£36,521	£48,600	£33,858	£139,449
Net Return	£5,286	£26,199	£42,738	£55,647	£41,756	£171,627
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	49%