	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£44,796	£45,468	£46,605	£47,770	£49,203	£233,841
Total Expenses	£34,252	£34,365	£34,522	£34,682	£34,868	£172,690
Profit Before Tax	£10,544	£11,103	£12,083	£13,087	£14,335	£61,151
Profit After Tax	£8,541	£8,993	£9,787	£10,601	£11,611	£49,533
Change In Property Value	£7	£7	£14,000	£24,990	£33,255	£72,260
Net Return	£8,548	£9,000	£23,787	£35,591	£44,866	£121,793
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	4%	4%	10%	15%	19%	52%