	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,492	£15,724	£16,117	£16,520	£17,016	£80,870
Total Expenses	£13,466	£13,535	£13,617	£13,702	£13,794	£68,114
Profit Before Tax	£2,026	£2,189	£2,500	£2,819	£3,222	£12,756
Profit After Tax	£1,641	£1,773	£2,025	£2,283	£2,610	£10,333
Change In Property Value	£2	£2	£4,999	£8,923	£11,874	£25,802
Net Return	£1,644	£1,776	£7,024	£11,207	£14,484	£36,135
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	15%	19%	48%