	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£42,996	£43,641	£44,296	£45,403	£46,538	£222,873
Total Expenses	£38,474	£38,589	£38,695	£38,848	£39,004	£193,611
Profit Before Tax	£4,522	£5,052	£5,600	£6,555	£7,534	£29,263
Profit After Tax	£3,662	£4,092	£4,536	£5,310	£6,102	£23,703
Change In Property Value	£10	£20,000	£35,700	£47,507	£33,096	£136,313
Net Return	£3,672	£24,092	£40,236	£52,816	£39,199	£160,016
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	15%	11%	47%