	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£41,796	£42,423	£43,059	£44,136	£45,239	£216,653
Total Expenses	£36,746	£36,859	£36,963	£37,113	£37,266	£184,946
Profit Before Tax	£5,050	£5,564	£6,096	£7,023	£7,974	£31,707
Profit After Tax	£4,091	£4,507	£4,938	£5,689	£6,459	£25,683
Change In Property Value	£10	£19,000	£33,915	£45,132	£31,442	£129,498
Net Return	£4,100	£23,507	£38,853	£50,820	£37,900	£155,181
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	7%	12%	16%	12%	48%