	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,084	£15,310	£15,540	£15,928	£16,327	£78,189
Total Expenses	£12,839	£12,912	£12,976	£13,056	£13,139	£64,922
Profit Before Tax	£2,245	£2,398	£2,564	£2,872	£3,188	£13,267
Profit After Tax	£1,818	£1,943	£2,077	£2,326	£2,582	£10,746
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£1,821	£7,743	£12,430	£16,103	£12,180	£50,278
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	9%	14%	18%	14%	56%