	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,096	£15,322	£15,706	£16,098	£16,581	£78,803
Total Expenses	£13,230	£13,299	£13,380	£13,463	£13,554	£66,925
Profit Before Tax	£1,866	£2,024	£2,326	£2,635	£3,027	£11,878
Profit After Tax	£1,511	£1,639	£1,884	£2,134	£2,452	£9,621
Change In Property Value	£2	£2	£4,900	£8,747	£11,639	£25,291
Net Return	£1,514	£1,642	£6,784	£10,881	£14,091	£34,912
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	2%	9%	15%	19%	47%