	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£49,728	£50,474	£51,231	£52,512	£53,825	£257,769
Total Expenses	£42,526	£42,651	£42,767	£42,937	£43,111	£213,993
Profit Before Tax	£7,202	£7,823	£8,464	£9,574	£10,713	£43,776
Profit After Tax	£5,833	£6,337	£6,855	£7,755	£8,678	£35,459
Change In Property Value	£11	£22,100	£39,449	£52,495	£36,572	£150,627
Net Return	£5,845	£28,437	£46,304	£60,250	£45,249	£186,086
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	48%