	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£47,388	£48,099	£48,820	£50,041	£51,292	£245,640
Total Expenses	£40,619	£40,740	£40,853	£41,017	£41,185	£204,415
Profit Before Tax	£6,769	£7,359	£7,967	£9,024	£10,107	£41,225
Profit After Tax	£5,483	£5,961	£6,453	£7,309	£8,187	£33,392
Change In Property Value	£11	£21,060	£37,592	£50,025	£34,851	£143,539
Net Return	£5,493	£27,021	£44,046	£57,334	£43,037	£176,931
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	49%