	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,944	£44,603	£45,718	£46,861	£48,267	£229,394
Total Expenses	£38,420	£38,497	£38,619	£38,745	£38,896	£193,177
Profit Before Tax	£5,524	£6,106	£7,099	£8,116	£9,371	£36,217
Profit After Tax	£4,475	£4,946	£5,750	£6,574	£7,591	£29,335
Change In Property Value	£8	£8	£16,900	£30,167	£40,144	£87,228
Net Return	£4,483	£4,954	£22,650	£36,741	£47,734	£116,564
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	2%	8%	13%	17%	41%