	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,496	£14,713	£14,934	£15,307	£15,690	£75,141
Total Expenses	£12,780	£12,852	£12,915	£12,994	£13,075	£64,617
Profit Before Tax	£1,716	£1,861	£2,019	£2,313	£2,615	£10,524
Profit After Tax	£1,390	£1,508	£1,635	£1,874	£2,118	£8,524
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£1,393	£7,308	£11,988	£15,651	£11,716	£48,056
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	8%	13%	17%	13%	53%