	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,308	£16,553	£16,966	£17,391	£17,912	£85,130
Total Expenses	£14,065	£14,136	£14,220	£14,306	£14,401	£71,129
Profit Before Tax	£2,243	£2,417	£2,746	£3,084	£3,511	£14,001
Profit After Tax	£1,817	£1,958	£2,225	£2,498	£2,844	£11,341
Change In Property Value	£3	£3	£5,260	£9,389	£12,494	£27,149
Net Return	£1,819	£1,960	£7,485	£11,887	£15,338	£38,490
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	2%	2%	9%	15%	19%	48%