	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,076	£44,737	£45,408	£46,543	£47,707	£228,472
Total Expenses	£39,387	£39,503	£39,611	£39,767	£39,926	£198,193
Profit Before Tax	£4,689	£5,234	£5,797	£6,777	£7,781	£30,278
Profit After Tax	£3,798	£4,240	£4,696	£5,489	£6,303	£24,525
Change In Property Value	£10	£20,500	£36,593	£48,695	£33,924	£139,722
Net Return	£3,808	£24,740	£41,288	£54,184	£40,227	£164,247
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	15%	11%	47%