	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,600	£15,834	£16,072	£16,473	£16,885	£80,864
Total Expenses	£11,924	£11,997	£12,062	£12,144	£12,228	£60,355
Profit Before Tax	£3,676	£3,837	£4,009	£4,329	£4,657	£20,509
Profit After Tax	£2,978	£3,108	£3,248	£3,507	£3,772	£16,612
Change In Property Value	£3	£5,199	£9,280	£12,349	£8,603	£35,435
Net Return	£2,980	£8,307	£12,528	£15,856	£12,376	£52,047
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	10%	16%	20%	16%	65%