	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,204	£15,432	£15,818	£16,213	£16,700	£79,367
Total Expenses	£12,943	£13,012	£13,094	£13,177	£13,268	£65,494
Profit Before Tax	£2,261	£2,420	£2,724	£3,036	£3,431	£13,873
Profit After Tax	£1,831	£1,960	£2,207	£2,459	£2,779	£11,237
Change In Property Value	£2	£2	£4,750	£8,479	£11,283	£24,517
Net Return	£1,834	£1,963	£6,957	£10,938	£14,062	£35,754
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	10%	15%	19%	49%