	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	£15,751	£15,824	£15,914	£16,006	£16,108	£79,603
Profit Before Tax	£2,730	£2,933	£3,312	£3,701	£4,190	£16,866
Profit After Tax	£2,211	£2,376	£2,683	£2,998	£3,394	£13,661
Change In Property Value	£3	£3	£6,000	£10,710	£14,252	£30,969
Net Return	£2,214	£2,379	£8,683	£13,708	£17,646	£44,630
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	15%	19%	48%