	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,400	£17,661	£17,926	£18,374	£18,833	£90,194
Total Expenses	£13,393	£13,469	£13,536	£13,623	£13,711	£67,731
Profit Before Tax	£4,008	£4,192	£4,390	£4,751	£5,122	£22,463
Profit After Tax	£3,246	£3,396	£3,556	£3,849	£4,149	£18,195
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£3,249	£9,396	£14,266	£18,101	£14,078	£59,089
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	63%