	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,256	£14,470	£14,687	£15,054	£15,430	£73,897
Total Expenses	£11,900	£11,934	£11,966	£12,013	£12,061	£59,873
Profit Before Tax	£2,356	£2,536	£2,721	£3,041	£3,369	£14,024
Profit After Tax	£1,908	£2,054	£2,204	£2,463	£2,729	£11,359
Change In Property Value	£3	£6,200	£11,067	£14,727	£10,260	£42,257
Net Return	£1,912	£8,254	£13,271	£17,191	£12,989	£53,617
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	9%	14%	18%	13%	55%