	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,692	£16,942	£17,366	£17,800	£18,334	£87,135
Total Expenses	£14,183	£14,254	£14,339	£14,427	£14,523	£71,726
Profit Before Tax	£2,509	£2,688	£3,027	£3,373	£3,811	£15,408
Profit After Tax	£2,032	£2,177	£2,451	£2,732	£3,087	£12,481
Change In Property Value	£3	£3	£5,300	£9,461	£12,589	£27,356
Net Return	£2,035	£2,180	£7,752	£12,193	£15,677	£39,836
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	3%	10%	15%	19%	49%