	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,160	£14,372	£14,588	£14,953	£15,327	£73,400
Total Expenses	£11,138	£11,209	£11,272	£11,350	£11,430	£56,399
Profit Before Tax	£3,022	£3,163	£3,316	£3,603	£3,896	£17,000
Profit After Tax	£2,448	£2,562	£2,686	£2,918	£3,156	£13,770
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£2,450	£7,362	£11,254	£14,320	£11,099	£46,486
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	20%	15%	72%