	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,480	£18,757	£19,226	£19,707	£20,298	£96,468
Total Expenses	£15,749	£15,822	£15,912	£16,004	£16,106	£79,593
Profit Before Tax	£2,731	£2,935	£3,314	£3,703	£4,192	£16,875
Profit After Tax	£2,213	£2,377	£2,684	£2,999	£3,396	£13,669
Change In Property Value	£3	£3	£5,999	£10,708	£14,250	£30,963
Net Return	£2,216	£2,380	£8,683	£13,708	£17,646	£44,633
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	15%	19%	48%