	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,240	£15,469	£15,701	£16,093	£16,495	£78,998
Total Expenses	£13,177	£13,249	£13,314	£13,395	£13,478	£66,612
Profit Before Tax	£2,064	£2,219	£2,387	£2,699	£3,018	£12,386
Profit After Tax	£1,671	£1,798	£1,934	£2,186	£2,445	£10,033
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£1,674	£7,798	£12,644	£16,438	£12,373	£50,927
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	14%	18%	13%	54%