	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£47,304	£48,014	£48,734	£49,952	£51,201	£245,204
Total Expenses	£42,123	£42,244	£42,357	£42,521	£42,688	£211,932
Profit Before Tax	£5,181	£5,770	£6,377	£7,432	£8,513	£33,272
Profit After Tax	£4,197	£4,673	£5,165	£6,020	£6,895	£26,950
Change In Property Value	£11	£22,000	£39,270	£52,258	£36,406	£149,945
Net Return	£4,208	£26,674	£44,436	£58,277	£43,302	£176,896
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	15%	11%	46%