	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,028	£14,238	£14,452	£14,813	£15,184	£72,715
Total Expenses	£11,607	£11,678	£11,741	£11,819	£11,898	£58,744
Profit Before Tax	£2,421	£2,560	£2,711	£2,995	£3,285	£13,971
Profit After Tax	£1,961	£2,074	£2,196	£2,426	£2,661	£11,317
Change In Property Value	£3	£5,100	£9,104	£12,114	£8,440	£34,760
Net Return	£1,963	£7,174	£11,300	£14,540	£11,101	£46,077
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	59%