	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,108	£15,335	£15,565	£15,954	£16,353	£78,314
Total Expenses	£12,681	£12,753	£12,817	£12,898	£12,981	£64,130
Profit Before Tax	£2,427	£2,581	£2,747	£3,056	£3,372	£14,184
Profit After Tax	£1,966	£2,091	£2,225	£2,475	£2,731	£11,489
Change In Property Value	£3	£5,700	£10,175	£13,539	£9,433	£38,850
Net Return	£1,969	£7,791	£12,400	£16,015	£12,164	£50,338
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	18%	14%	57%