	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,280	£14,494	£14,857	£15,228	£15,685	£74,544
Total Expenses	£11,760	£11,827	£11,906	£11,987	£12,076	£59,556
Profit Before Tax	£2,520	£2,667	£2,950	£3,241	£3,609	£14,987
Profit After Tax	£2,041	£2,160	£2,390	£2,625	£2,923	£12,140
Change In Property Value	£2	£2	£4,200	£7,497	£9,977	£21,678
Net Return	£2,044	£2,162	£6,590	£10,122	£12,900	£33,818
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	16%	20%	53%