	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,644	£16,894	£17,147	£17,576	£18,015	£86,276
Total Expenses	£13,960	£14,035	£14,102	£14,186	£14,273	£70,557
Profit Before Tax	£2,684	£2,858	£3,045	£3,389	£3,742	£15,719
Profit After Tax	£2,174	£2,315	£2,467	£2,745	£3,031	£12,732
Change In Property Value	£3	£6,400	£11,424	£15,202	£10,591	£43,620
Net Return	£2,177	£8,715	£13,891	£17,948	£13,622	£56,353
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	18%	14%	56%