	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,256	£17,515	£17,778	£18,222	£18,678	£89,448
Total Expenses	£14,826	£14,902	£14,969	£15,055	£15,144	£74,896
Profit Before Tax	£2,430	£2,613	£2,808	£3,167	£3,534	£14,552
Profit After Tax	£1,968	£2,117	£2,275	£2,565	£2,862	£11,787
Change In Property Value	£3	£6,900	£12,317	£16,390	£11,418	£47,028
Net Return	£1,972	£9,017	£14,591	£18,955	£14,281	£58,815
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	13%	54%