	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,352	£14,567	£14,786	£15,155	£15,534	£74,395
Total Expenses	£13,056	£13,127	£13,190	£13,269	£13,349	£65,990
Profit Before Tax	£1,296	£1,440	£1,596	£1,887	£2,185	£8,404
Profit After Tax	£1,050	£1,167	£1,293	£1,528	£1,770	£6,808
Change In Property Value	£3	£5,980	£10,674	£14,205	£9,896	£40,758
Net Return	£1,053	£7,147	£11,967	£15,733	£11,666	£47,565
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	51%