	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,048	£15,274	£15,503	£15,890	£16,288	£78,003
Total Expenses	£11,709	£11,782	£11,846	£11,926	£12,009	£59,273
Profit Before Tax	£3,339	£3,492	£3,657	£3,964	£4,279	£18,730
Profit After Tax	£2,704	£2,828	£2,962	£3,211	£3,466	£15,171
Change In Property Value	£3	£5,100	£9,104	£12,114	£8,440	£34,760
Net Return	£2,707	£7,928	£12,066	£15,325	£11,905	£49,931
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	3%	10%	16%	20%	15%	72%