	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,192	£15,420	£15,651	£16,042	£16,444	£78,749
Total Expenses	£13,493	£13,566	£13,630	£13,711	£13,794	£68,195
Profit Before Tax	£1,699	£1,854	£2,021	£2,331	£2,649	£10,554
Profit After Tax	£1,376	£1,501	£1,637	£1,888	£2,146	£8,548
Change In Property Value	£3	£6,200	£11,067	£14,727	£10,260	£42,257
Net Return	£1,379	£7,702	£12,704	£16,615	£12,406	£50,806
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	13%	17%	13%	52%