	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,504	£15,737	£16,130	£16,533	£17,029	£80,933
Total Expenses	£13,469	£13,538	£13,621	£13,705	£13,797	£68,130
Profit Before Tax	£2,035	£2,198	£2,509	£2,828	£3,232	£12,803
Profit After Tax	£1,648	£1,781	£2,033	£2,291	£2,618	£10,370
Change In Property Value	£3	£3	£5,000	£8,925	£11,877	£25,807
Net Return	£1,651	£1,783	£7,033	£11,216	£14,495	£36,177
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	15%	19%	48%