	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,780	£16,017	£16,257	£16,663	£17,080	£81,797
Total Expenses	£14,465	£14,502	£14,536	£14,587	£14,639	£72,729
Profit Before Tax	£1,315	£1,515	£1,721	£2,076	£2,441	£9,068
Profit After Tax	£1,065	£1,227	£1,394	£1,682	£1,977	£7,345
Change In Property Value	£5,775	£13,677	£18,200	£21,133	£15,532	£74,318
Net Return	£6,840	£14,904	£19,594	£22,815	£17,509	£81,663
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	6%	12%	16%	19%	14%	66%