	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,236	£16,480	£16,727	£17,145	£17,574	£84,161
Total Expenses	£12,633	£12,707	£12,773	£12,856	£12,942	£63,910
Profit Before Tax	£3,603	£3,773	£3,954	£4,289	£4,632	£20,250
Profit After Tax	£2,919	£3,056	£3,203	£3,474	£3,752	£16,403
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£2,922	£8,656	£13,199	£16,776	£13,019	£54,571
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	63%