	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,820	£15,042	£15,268	£15,650	£16,041	£76,821
Total Expenses	£11,848	£11,920	£11,983	£12,063	£12,145	£59,959
Profit Before Tax	£2,973	£3,123	£3,285	£3,586	£3,896	£16,862
Profit After Tax	£2,408	£2,529	£2,661	£2,905	£3,156	£13,658
Change In Property Value	£3	£5,200	£9,282	£12,352	£8,605	£35,442
Net Return	£2,410	£7,729	£11,943	£15,257	£11,761	£49,100
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	10%	15%	19%	15%	62%