	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,336	£15,566	£15,800	£16,195	£16,599	£79,495
Total Expenses	£13,025	£13,098	£13,163	£13,244	£13,327	£65,857
Profit Before Tax	£2,311	£2,468	£2,637	£2,951	£3,272	£13,638
Profit After Tax	£1,872	£1,999	£2,136	£2,390	£2,651	£11,047
Change In Property Value	£3	£5,900	£10,532	£14,015	£9,763	£40,213
Net Return	£1,875	£7,899	£12,668	£16,405	£12,414	£51,260
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	9%	14%	18%	14%	56%