	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,440	£13,642	£13,846	£14,192	£14,547	£69,667
Total Expenses	£11,066	£11,136	£11,198	£11,274	£11,352	£56,026
Profit Before Tax	£2,374	£2,505	£2,649	£2,918	£3,195	£13,641
Profit After Tax	£1,923	£2,029	£2,145	£2,364	£2,588	£11,049
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£1,925	£6,829	£10,713	£13,766	£10,531	£43,765
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	60%