	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£47,736	£48,452	£49,663	£50,905	£52,432	£249,188
Total Expenses	£36,022	£36,105	£36,237	£36,372	£36,535	£181,270
Profit Before Tax	£11,714	£12,347	£13,427	£14,533	£15,897	£67,918
Profit After Tax	£9,489	£10,001	£10,876	£11,772	£12,876	£55,014
Change In Property Value	£8	£8	£15,500	£27,668	£36,818	£80,002
Net Return	£9,496	£10,009	£26,376	£39,440	£49,695	£135,016
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%