	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,484	£14,701	£14,922	£15,295	£15,677	£75,079
Total Expenses	£12,618	£12,690	£12,753	£12,832	£12,913	£63,807
Profit Before Tax	£1,866	£2,011	£2,169	£2,463	£2,764	£11,272
Profit After Tax	£1,511	£1,629	£1,757	£1,995	£2,239	£9,131
Change In Property Value	£3	£5,700	£10,175	£13,539	£9,433	£38,850
Net Return	£1,514	£7,329	£11,931	£15,534	£11,671	£47,980
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	8%	14%	18%	13%	54%