	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£50,604	£51,363	£52,134	£53,437	£54,773	£262,310
Total Expenses	£42,453	£42,579	£42,697	£42,869	£43,045	£213,643
Profit Before Tax	£8,151	£8,784	£9,437	£10,568	£11,728	£48,667
Profit After Tax	£6,602	£7,115	£7,644	£8,560	£9,499	£39,421
Change In Property Value	£11	£22,000	£39,270	£52,258	£36,406	£149,945
Net Return	£6,613	£29,115	£46,914	£60,818	£45,905	£189,366
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	12%	16%	12%	50%