	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,052	£17,308	£17,740	£18,184	£87,084
Total Expenses	£14,941	£15,016	£15,083	£15,168	£15,255	£75,464
Profit Before Tax	£1,859	£2,036	£2,225	£2,572	£2,929	£11,620
Profit After Tax	£1,506	£1,649	£1,802	£2,084	£2,372	£9,412
Change In Property Value	£4	£7,000	£12,495	£16,627	£11,584	£47,710
Net Return	£1,509	£8,649	£14,297	£18,711	£13,956	£57,122
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	51%