	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,288	£18,562	£18,841	£19,312	£19,795	£94,797
Total Expenses	£15,412	£15,489	£15,558	£15,647	£15,738	£77,844
Profit Before Tax	£2,876	£3,073	£3,283	£3,665	£4,057	£16,953
Profit After Tax	£2,330	£2,489	£2,659	£2,968	£3,286	£13,732
Change In Property Value	£4	£7,200	£12,852	£17,103	£11,915	£49,073
Net Return	£2,333	£9,689	£15,511	£20,071	£15,201	£62,805
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	14%	18%	13%	55%