	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	£11,777	£11,812	£11,844	£11,893	£11,942	£59,268
Profit Before Tax	£2,863	£3,048	£3,238	£3,567	£3,904	£16,620
Profit After Tax	£2,319	£2,469	£2,623	£2,889	£3,162	£13,462
Change In Property Value	£3	£6,100	£10,889	£14,490	£10,094	£41,576
Net Return	£2,322	£8,569	£13,511	£17,379	£13,257	£55,038
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	58%