	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,856	£15,079	£15,305	£15,688	£16,080	£77,007
Total Expenses	£12,334	£12,406	£12,470	£12,550	£12,632	£62,391
Profit Before Tax	£2,522	£2,673	£2,835	£3,138	£3,448	£14,617
Profit After Tax	£2,043	£2,165	£2,297	£2,542	£2,793	£11,840
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£2,046	£7,665	£12,114	£15,606	£11,895	£49,326
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	58%