	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,640	£14,860	£15,082	£15,460	£15,846	£75,888
Total Expenses	£13,277	£13,349	£13,413	£13,492	£13,573	£67,105
Profit Before Tax	£1,363	£1,510	£1,670	£1,967	£2,273	£8,783
Profit After Tax	£1,104	£1,223	£1,353	£1,594	£1,841	£7,114
Change In Property Value	£3	£6,100	£10,889	£14,490	£10,094	£41,576
Net Return	£1,107	£7,323	£12,241	£16,083	£11,935	£48,690
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	51%