	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,056	£13,252	£13,451	£13,787	£14,132	£67,677
Total Expenses	£11,136	£11,168	£11,199	£11,243	£11,288	£56,034
Profit Before Tax	£1,920	£2,083	£2,252	£2,544	£2,844	£11,643
Profit After Tax	£1,555	£1,688	£1,824	£2,061	£2,303	£9,431
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£1,558	£7,488	£12,177	£15,838	£11,901	£48,962
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	8%	14%	18%	13%	54%