	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,920	£14,129	£14,341	£14,699	£15,067	£72,156
Total Expenses	£11,114	£11,185	£11,247	£11,325	£11,404	£56,275
Profit Before Tax	£2,806	£2,944	£3,094	£3,374	£3,663	£15,881
Profit After Tax	£2,273	£2,385	£2,506	£2,733	£2,967	£12,863
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£2,275	£7,185	£11,074	£14,135	£10,910	£45,579
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	62%