	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,004	£14,214	£14,427	£14,788	£15,158	£72,591
Total Expenses	£11,444	£11,515	£11,577	£11,655	£11,735	£57,927
Profit Before Tax	£2,560	£2,699	£2,850	£3,133	£3,423	£14,664
Profit After Tax	£2,073	£2,186	£2,308	£2,537	£2,772	£11,878
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£2,076	£7,186	£11,233	£14,414	£11,046	£45,956
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	15%	19%	15%	60%