	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,500	£44,152	£45,256	£46,388	£47,779	£227,076
Total Expenses	£33,614	£33,691	£33,812	£33,936	£34,086	£169,140
Profit Before Tax	£9,886	£10,461	£11,444	£12,451	£13,693	£57,936
Profit After Tax	£8,007	£8,474	£9,270	£10,086	£11,091	£46,928
Change In Property Value	£7	£7	£14,500	£25,883	£34,443	£74,841
Net Return	£8,015	£8,481	£23,770	£35,969	£45,534	£121,769
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	4%	10%	15%	19%	50%