	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,360	£15,590	£15,980	£16,380	£16,871	£80,181
Total Expenses	£13,058	£13,127	£13,209	£13,293	£13,385	£66,071
Profit Before Tax	£2,302	£2,463	£2,771	£3,087	£3,486	£14,110
Profit After Tax	£1,865	£1,995	£2,245	£2,500	£2,824	£11,429
Change In Property Value	£2	£2	£4,800	£8,568	£11,402	£24,775
Net Return	£1,867	£1,998	£7,045	£11,069	£14,226	£36,204
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	10%	15%	19%	50%