	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,644	£13,849	£14,195	£14,550	£14,986	£71,224
Total Expenses	£11,696	£11,762	£11,840	£11,919	£12,006	£59,223
Profit Before Tax	£1,948	£2,086	£2,355	£2,630	£2,981	£12,000
Profit After Tax	£1,578	£1,690	£1,907	£2,131	£2,414	£9,720
Change In Property Value	£2	£2	£4,200	£7,497	£9,976	£21,677
Net Return	£1,580	£1,692	£6,107	£9,628	£12,391	£31,398
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	10%	15%	19%	49%