	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,400	£17,661	£18,103	£18,555	£19,112	£90,830
Total Expenses	£15,444	£15,516	£15,603	£15,692	£15,791	£78,047
Profit Before Tax	£1,956	£2,145	£2,499	£2,863	£3,321	£12,783
Profit After Tax	£1,584	£1,737	£2,024	£2,319	£2,690	£10,355
Change In Property Value	£3	£3	£5,900	£10,532	£14,015	£30,452
Net Return	£1,587	£1,740	£7,924	£12,850	£16,705	£40,807
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	2%	2%	9%	14%	18%	44%