	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,636	£15,871	£16,109	£16,511	£16,924	£81,051
Total Expenses	£12,090	£12,163	£12,228	£12,310	£12,394	£61,186
Profit Before Tax	£3,546	£3,707	£3,880	£4,201	£4,530	£19,864
Profit After Tax	£2,872	£3,003	£3,143	£3,403	£3,669	£16,090
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£2,875	£8,303	£12,604	£15,992	£12,440	£52,213
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	4%	10%	16%	20%	15%	64%