	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,968	£14,178	£14,390	£14,750	£15,119	£72,404
Total Expenses	£12,567	£12,638	£12,700	£12,778	£12,857	£63,539
Profit Before Tax	£1,401	£1,540	£1,690	£1,972	£2,261	£8,865
Profit After Tax	£1,135	£1,247	£1,369	£1,598	£1,832	£7,181
Change In Property Value	£3	£5,700	£10,175	£13,539	£9,433	£38,850
Net Return	£1,138	£6,947	£11,544	£15,137	£11,264	£46,030
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	52%