	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,736	£14,957	£15,181	£15,561	£15,950	£76,385
Total Expenses	£12,804	£12,876	£12,940	£13,020	£13,101	£64,742
Profit Before Tax	£1,932	£2,081	£2,242	£2,541	£2,849	£11,644
Profit After Tax	£1,565	£1,685	£1,816	£2,058	£2,307	£9,431
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£1,568	£7,485	£12,169	£15,835	£11,905	£48,962
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	8%	14%	18%	13%	54%