	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,872	£44,530	£45,198	£46,328	£47,486	£227,414
Total Expenses	£37,758	£37,874	£37,981	£38,136	£38,295	£190,044
Profit Before Tax	£6,114	£6,656	£7,217	£8,192	£9,191	£37,370
Profit After Tax	£4,952	£5,392	£5,845	£6,635	£7,445	£30,270
Change In Property Value	£10	£19,500	£34,808	£46,319	£32,269	£132,906
Net Return	£4,962	£24,892	£40,653	£52,955	£39,714	£163,176
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	7%	12%	16%	12%	49%