	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£46,200	£46,893	£47,596	£48,786	£50,006	£239,482
Total Expenses	£38,902	£38,984	£39,065	£39,194	£39,327	£195,471
Profit Before Tax	£7,298	£7,909	£8,532	£9,592	£10,679	£44,010
Profit After Tax	£5,911	£6,406	£6,911	£7,770	£8,650	£35,648
Change In Property Value	£10	£20,999	£37,484	£49,880	£34,750	£143,123
Net Return	£5,922	£27,406	£44,394	£57,650	£43,400	£178,771
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	12%	16%	12%	49%