	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,672	£15,907	£16,146	£16,549	£16,963	£81,237
Total Expenses	£12,415	£12,489	£12,554	£12,636	£12,720	£62,814
Profit Before Tax	£3,257	£3,418	£3,592	£3,913	£4,243	£18,424
Profit After Tax	£2,638	£2,769	£2,910	£3,170	£3,437	£14,923
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£2,641	£8,269	£12,727	£16,234	£12,538	£52,409
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	62%