	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,600	£15,912	£16,310	£16,718	£17,135	£81,675
Total Expenses	£13,963	£14,005	£14,056	£14,107	£14,160	£70,291
Profit Before Tax	£1,638	£1,907	£2,254	£2,610	£2,976	£11,384
Profit After Tax	£1,326	£1,545	£1,826	£2,114	£2,410	£9,221
Change In Property Value	£9,000	£9,270	£15,914	£20,051	£21,254	£75,489
Net Return	£10,326	£10,815	£17,739	£22,165	£23,664	£84,710
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	10%	10%	17%	21%	23%	81%