	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,276	£15,505	£15,738	£16,131	£16,534	£79,184
Total Expenses	£12,484	£12,520	£12,553	£12,603	£12,654	£62,815
Profit Before Tax	£2,792	£2,985	£3,184	£3,528	£3,880	£16,369
Profit After Tax	£2,261	£2,418	£2,579	£2,858	£3,143	£13,259
Change In Property Value	£3	£6,500	£11,603	£15,440	£10,756	£44,302
Net Return	£2,264	£8,918	£14,182	£18,297	£13,899	£57,561
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	18%	14%	56%