	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,776	£13,983	£14,192	£14,547	£14,911	£71,409
Total Expenses	£12,065	£12,136	£12,197	£12,275	£12,354	£61,026
Profit Before Tax	£1,711	£1,847	£1,995	£2,272	£2,557	£10,383
Profit After Tax	£1,386	£1,496	£1,616	£1,841	£2,071	£8,410
Change In Property Value	£3	£5,400	£9,639	£12,827	£8,936	£36,805
Net Return	£1,389	£6,896	£11,255	£14,668	£11,007	£45,215
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	14%	18%	13%	54%