	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,372	£15,603	£15,837	£16,233	£16,638	£79,682
Total Expenses	£12,868	£12,941	£13,005	£13,087	£13,170	£65,071
Profit Before Tax	£2,504	£2,662	£2,831	£3,146	£3,468	£14,611
Profit After Tax	£2,028	£2,156	£2,293	£2,548	£2,809	£11,835
Change In Property Value	£2,900	£8,787	£12,067	£14,119	£11,476	£49,349
Net Return	£4,928	£10,943	£14,361	£16,667	£14,285	£61,184
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	5%	12%	16%	19%	16%	68%