	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£52,116	£52,898	£53,691	£55,033	£56,409	£270,148
Total Expenses	£44,470	£44,598	£44,719	£44,895	£45,075	£223,757
Profit Before Tax	£7,646	£8,299	£8,972	£10,139	£11,334	£46,390
Profit After Tax	£6,193	£6,722	£7,268	£8,212	£9,181	£37,576
Change In Property Value	£12	£23,160	£41,341	£55,013	£38,326	£157,852
Net Return	£6,205	£29,883	£48,609	£63,225	£47,507	£195,428
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	7%	12%	16%	12%	48%