	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,224	£16,467	£16,714	£17,132	£17,561	£84,099
Total Expenses	£12,471	£12,545	£12,611	£12,694	£12,780	£63,100
Profit Before Tax	£3,753	£3,922	£4,104	£4,438	£4,781	£20,999
Profit After Tax	£3,040	£3,177	£3,324	£3,595	£3,873	£17,009
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£3,043	£8,677	£13,142	£16,659	£12,974	£54,495
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	16%	20%	15%	72%