	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,624	£15,858	£16,096	£16,499	£16,911	£80,988
Total Expenses	£12,571	£12,645	£12,710	£12,792	£12,876	£63,593
Profit Before Tax	£3,053	£3,214	£3,387	£3,707	£4,036	£17,395
Profit After Tax	£2,473	£2,603	£2,743	£3,003	£3,269	£14,090
Change In Property Value	£5,600	£11,424	£14,851	£15,594	£11,461	£58,930
Net Return	£8,073	£14,027	£17,594	£18,596	£14,730	£73,020
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	9%	16%	20%	21%	17%	84%