	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	£14,989	£15,060	£15,145	£15,233	£15,329	£75,756
Profit Before Tax	£1,823	£2,004	£2,345	£2,695	£3,136	£12,005
Profit After Tax	£1,477	£1,624	£1,900	£2,183	£2,541	£9,724
Change In Property Value	£3	£3	£5,700	£10,175	£13,540	£29,420
Net Return	£1,480	£1,626	£7,600	£12,358	£16,080	£39,144
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	2%	9%	14%	18%	44%