	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,332	£13,532	£13,735	£14,078	£14,430	£69,108
Total Expenses	£10,991	£11,061	£11,122	£11,198	£11,276	£55,648
Profit Before Tax	£2,341	£2,471	£2,613	£2,880	£3,154	£13,459
Profit After Tax	£1,896	£2,002	£2,116	£2,333	£2,555	£10,902
Change In Property Value	£2	£4,760	£8,497	£11,307	£7,877	£32,443
Net Return	£1,899	£6,762	£10,613	£13,639	£10,432	£43,345
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	60%