	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,240	£18,514	£18,791	£19,261	£19,743	£94,549
Total Expenses	£14,551	£14,590	£14,628	£14,686	£14,745	£73,200
Profit Before Tax	£3,690	£3,923	£4,163	£4,575	£4,998	£21,349
Profit After Tax	£2,988	£3,178	£3,372	£3,706	£4,048	£17,293
Change In Property Value	£4	£7,600	£13,566	£18,053	£12,577	£51,799
Net Return	£2,992	£10,778	£16,938	£21,759	£16,625	£69,092
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	57%