	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,840	£16,078	£16,480	£16,892	£17,398	£82,687
Total Expenses	£13,106	£13,176	£13,259	£13,344	£13,437	£66,322
Profit Before Tax	£2,734	£2,902	£3,221	£3,548	£3,961	£16,365
Profit After Tax	£2,215	£2,350	£2,609	£2,874	£3,208	£13,256
Change In Property Value	£2	£2	£4,800	£8,568	£11,402	£24,775
Net Return	£2,217	£2,353	£7,409	£11,442	£14,610	£38,030
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	16%	20%	52%