	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,532	£14,750	£15,119	£15,497	£15,962	£75,859
Total Expenses	£12,070	£12,104	£12,151	£12,200	£12,257	£60,782
Profit Before Tax	£2,462	£2,646	£2,967	£3,297	£3,704	£15,077
Profit After Tax	£1,994	£2,144	£2,404	£2,670	£3,001	£12,212
Change In Property Value	£3	£3	£5,100	£9,104	£12,114	£26,323
Net Return	£1,997	£2,146	£7,504	£11,774	£15,115	£38,535
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	3%	10%	15%	19%	50%