	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,248	£16,492	£16,739	£17,158	£17,587	£84,223
Total Expenses	£12,795	£12,869	£12,935	£13,018	£13,104	£64,721
Profit Before Tax	£3,453	£3,623	£3,804	£4,139	£4,483	£19,502
Profit After Tax	£2,797	£2,934	£3,081	£3,353	£3,631	£15,797
Change In Property Value	£3	£5,700	£10,175	£13,539	£9,433	£38,850
Net Return	£2,800	£8,634	£13,256	£16,892	£13,063	£54,646
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	62%