	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,208	£14,421	£14,637	£15,003	£15,378	£73,648
Total Expenses	£12,752	£12,823	£12,885	£12,964	£13,044	£64,468
Profit Before Tax	£1,456	£1,598	£1,752	£2,039	£2,334	£9,180
Profit After Tax	£1,180	£1,295	£1,419	£1,652	£1,891	£7,436
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£1,183	£7,095	£11,772	£15,429	£11,489	£46,967
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	52%