	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£42,660	£43,300	£43,949	£45,048	£46,174	£221,132
Total Expenses	£36,768	£36,882	£36,988	£37,140	£37,295	£185,072
Profit Before Tax	£5,892	£6,418	£6,962	£7,909	£8,880	£36,060
Profit After Tax	£4,773	£5,199	£5,639	£6,406	£7,192	£29,208
Change In Property Value	£9	£18,960	£33,844	£45,037	£31,376	£129,226
Net Return	£4,782	£24,159	£39,483	£51,443	£38,568	£158,434
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	12%	16%	12%	49%