	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,952	£15,176	£15,556	£15,945	£16,423	£78,051
Total Expenses	£12,620	£12,689	£12,770	£12,853	£12,943	£63,875
Profit Before Tax	£2,332	£2,487	£2,786	£3,092	£3,480	£14,177
Profit After Tax	£1,889	£2,015	£2,257	£2,505	£2,819	£11,483
Change In Property Value	£2	£2	£4,600	£8,211	£10,927	£23,743
Net Return	£1,891	£2,017	£6,857	£10,716	£13,745	£35,226
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	3%	3%	10%	15%	20%	50%