	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,948	£16,187	£16,430	£16,841	£17,262	£82,668
Total Expenses	£12,443	£12,517	£12,582	£12,665	£12,750	£62,957
Profit Before Tax	£3,505	£3,670	£3,848	£4,176	£4,512	£19,711
Profit After Tax	£2,839	£2,973	£3,117	£3,382	£3,655	£15,966
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£2,842	£8,473	£12,934	£16,447	£12,756	£53,452
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	63%