	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,680	£13,885	£14,093	£14,446	£14,807	£70,911
Total Expenses	£11,090	£11,161	£11,222	£11,299	£11,378	£56,150
Profit Before Tax	£2,590	£2,725	£2,871	£3,146	£3,429	£14,761
Profit After Tax	£2,098	£2,207	£2,326	£2,549	£2,777	£11,956
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£2,100	£7,007	£10,894	£13,950	£10,720	£44,672
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	10%	15%	19%	15%	61%