	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,320	£16,565	£16,813	£17,234	£17,664	£84,596
Total Expenses	£14,137	£14,212	£14,277	£14,361	£14,447	£71,435
Profit Before Tax	£2,183	£2,353	£2,536	£2,872	£3,217	£13,162
Profit After Tax	£1,768	£1,906	£2,054	£2,327	£2,606	£10,661
Change In Property Value	£3	£6,530	£11,656	£15,511	£10,806	£44,507
Net Return	£1,771	£8,436	£13,710	£17,838	£13,412	£55,167
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	54%