	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,556	£14,774	£14,996	£15,371	£15,755	£75,452
Total Expenses	£12,642	£12,713	£12,777	£12,856	£12,937	£63,924
Profit Before Tax	£1,914	£2,061	£2,219	£2,515	£2,818	£11,528
Profit After Tax	£1,551	£1,669	£1,798	£2,037	£2,283	£9,338
Change In Property Value	£2,855	£8,651	£11,880	£13,900	£11,298	£48,583
Net Return	£4,406	£10,320	£13,678	£15,937	£13,580	£57,921
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	5%	12%	15%	18%	15%	66%