	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,748	£14,969	£15,194	£15,574	£15,963	£76,448
Total Expenses	£11,519	£11,591	£11,654	£11,734	£11,816	£58,313
Profit Before Tax	£3,229	£3,379	£3,540	£3,840	£4,147	£18,135
Profit After Tax	£2,616	£2,737	£2,867	£3,110	£3,359	£14,689
Change In Property Value	£3	£5,000	£8,925	£11,877	£8,274	£34,079
Net Return	£2,618	£7,737	£11,792	£14,987	£11,634	£48,768
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	16%	20%	15%	73%