	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,052	£44,713	£45,383	£46,518	£47,681	£228,347
Total Expenses	£37,901	£38,017	£38,125	£38,280	£38,439	£190,763
Profit Before Tax	£6,151	£6,696	£7,258	£8,238	£9,242	£37,585
Profit After Tax	£4,982	£5,424	£5,879	£6,673	£7,486	£30,444
Change In Property Value	£10	£19,578	£34,947	£46,504	£32,398	£133,436
Net Return	£4,992	£25,002	£40,826	£53,177	£39,884	£163,880
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	7%	12%	16%	12%	49%