	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,392	£13,593	£13,797	£14,142	£14,495	£69,419
Total Expenses	£10,900	£10,970	£11,032	£11,108	£11,186	£55,197
Profit Before Tax	£2,492	£2,622	£2,765	£3,034	£3,309	£14,222
Profit After Tax	£2,018	£2,124	£2,240	£2,457	£2,680	£11,520
Change In Property Value	£2	£4,700	£8,390	£11,164	£7,778	£32,034
Net Return	£2,021	£6,824	£10,629	£13,621	£10,458	£43,553
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	10%	15%	19%	15%	61%