	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,520	£45,188	£45,866	£47,012	£48,188	£230,773
Total Expenses	£40,558	£40,674	£40,783	£40,940	£41,100	£204,054
Profit Before Tax	£3,963	£4,514	£5,083	£6,073	£7,088	£26,719
Profit After Tax	£3,210	£3,656	£4,117	£4,919	£5,741	£21,642
Change In Property Value	£11	£21,200	£37,842	£50,357	£35,082	£144,493
Net Return	£3,220	£24,856	£41,959	£55,276	£40,823	£166,135
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	11%	15%	11%	45%