	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,052	£17,478	£17,915	£18,453	£87,698
Total Expenses	£14,392	£14,463	£14,549	£14,637	£14,733	£72,774
Profit Before Tax	£2,408	£2,589	£2,929	£3,279	£3,720	£14,924
Profit After Tax	£1,950	£2,097	£2,373	£2,656	£3,013	£12,088
Change In Property Value	£3	£3	£5,400	£9,639	£12,827	£27,872
Net Return	£1,953	£2,099	£7,773	£12,295	£15,840	£39,960
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	15%	19%	48%