	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,740	£16,991	£17,416	£17,851	£18,387	£87,385
Total Expenses	£14,386	£14,457	£14,543	£14,630	£14,726	£72,743
Profit Before Tax	£2,354	£2,534	£2,873	£3,221	£3,660	£14,642
Profit After Tax	£1,907	£2,052	£2,327	£2,609	£2,965	£11,860
Change In Property Value	£3	£3	£5,400	£9,639	£12,827	£27,872
Net Return	£1,909	£2,055	£7,727	£12,248	£15,792	£39,732
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	2%	2%	9%	15%	19%	48%