	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,256	£14,470	£14,687	£15,054	£15,430	£73,897
Total Expenses	£11,067	£11,139	£11,201	£11,280	£11,360	£56,047
Profit Before Tax	£3,189	£3,331	£3,486	£3,774	£4,070	£17,850
Profit After Tax	£2,583	£2,698	£2,823	£3,057	£3,297	£14,459
Change In Property Value	£2	£4,750	£8,479	£11,283	£7,860	£32,375
Net Return	£2,585	£7,448	£11,302	£14,340	£11,157	£46,833
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	16%	20%	15%	65%