	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,776	£17,028	£17,283	£17,715	£18,158	£86,960
Total Expenses	£14,923	£14,998	£15,064	£15,150	£15,236	£75,371
Profit Before Tax	£1,853	£2,030	£2,219	£2,566	£2,922	£11,589
Profit After Tax	£1,501	£1,644	£1,797	£2,078	£2,366	£9,387
Change In Property Value	£3	£6,990	£12,477	£16,604	£11,567	£47,642
Net Return	£1,505	£8,634	£14,274	£18,682	£13,934	£57,029
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	51%