	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,108	£15,335	£15,565	£15,954	£16,353	£78,314
Total Expenses	£12,037	£12,110	£12,174	£12,255	£12,337	£60,913
Profit Before Tax	£3,071	£3,225	£3,391	£3,699	£4,015	£17,401
Profit After Tax	£2,487	£2,612	£2,747	£2,996	£3,253	£14,095
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£2,490	£7,912	£12,207	£15,586	£12,023	£50,218
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	10%	15%	19%	15%	62%