	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,812	£17,064	£17,491	£17,928	£18,466	£87,761
Total Expenses	£14,987	£15,058	£15,143	£15,231	£15,327	£75,746
Profit Before Tax	£1,825	£2,006	£2,347	£2,697	£3,138	£12,015
Profit After Tax	£1,479	£1,625	£1,901	£2,185	£2,542	£9,732
Change In Property Value	£3	£3	£5,699	£10,173	£13,537	£29,415
Net Return	£1,481	£1,628	£7,600	£12,358	£16,079	£39,147
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	2%	9%	14%	18%	44%