	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,160	£14,372	£14,588	£14,953	£15,327	£73,400
Total Expenses	£11,408	£11,441	£11,473	£11,520	£11,568	£57,410
Profit Before Tax	£2,752	£2,931	£3,115	£3,433	£3,758	£15,989
Profit After Tax	£2,229	£2,374	£2,523	£2,780	£3,044	£12,951
Change In Property Value	£3	£5,900	£10,532	£14,015	£9,763	£40,213
Net Return	£2,232	£8,274	£13,055	£16,795	£12,808	£53,164
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	58%