	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£43,800	£44,457	£45,568	£46,708	£48,109	£228,642
Total Expenses	£33,843	£33,920	£34,042	£34,167	£34,317	£170,288
Profit Before Tax	£9,957	£10,537	£11,527	£12,541	£13,792	£58,354
Profit After Tax	£8,066	£8,535	£9,337	£10,158	£11,171	£47,267
Change In Property Value	£7	£7	£14,600	£26,061	£34,680	£75,356
Net Return	£8,073	£8,542	£23,937	£36,220	£45,851	£122,623
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	4%	10%	15%	19%	50%