	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,900	£16,138	£16,381	£16,790	£17,210	£82,419
Total Expenses	£12,116	£12,190	£12,255	£12,338	£12,423	£61,323
Profit Before Tax	£3,784	£3,948	£4,125	£4,452	£4,787	£21,096
Profit After Tax	£3,065	£3,198	£3,341	£3,606	£3,877	£17,088
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£3,067	£8,498	£12,802	£16,195	£12,648	£53,211
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	4%	10%	16%	20%	16%	65%