	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,120	£15,347	£15,577	£15,966	£16,366	£78,376
Total Expenses	£13,647	£13,720	£13,784	£13,865	£13,947	£68,963
Profit Before Tax	£1,473	£1,627	£1,793	£2,102	£2,418	£9,413
Profit After Tax	£1,193	£1,318	£1,452	£1,702	£1,959	£7,625
Change In Property Value	£3	£6,300	£11,246	£14,965	£10,425	£42,939
Net Return	£1,196	£7,618	£12,698	£16,667	£12,384	£50,564
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	51%