	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,536	£16,784	£17,036	£17,462	£17,898	£85,716
Total Expenses	£12,823	£12,898	£12,964	£13,049	£13,135	£64,870
Profit Before Tax	£3,713	£3,886	£4,071	£4,413	£4,763	£20,846
Profit After Tax	£3,007	£3,147	£3,298	£3,574	£3,858	£16,885
Change In Property Value	£3	£5,700	£10,175	£13,539	£9,433	£38,850
Net Return	£3,010	£8,848	£13,472	£17,114	£13,291	£55,734
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	63%