	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,360	£15,590	£15,824	£16,220	£16,625	£79,620
Total Expenses	£13,832	£13,905	£13,969	£14,051	£14,134	£69,891
Profit Before Tax	£1,528	£1,685	£1,855	£2,169	£2,491	£9,729
Profit After Tax	£1,238	£1,365	£1,502	£1,757	£2,018	£7,880
Change In Property Value	£3	£6,400	£11,424	£15,202	£10,591	£43,620
Net Return	£1,241	£7,765	£12,927	£16,959	£12,609	£51,501
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	51%