	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,672	£15,907	£16,146	£16,549	£16,963	£81,237
Total Expenses	£12,737	£12,811	£12,875	£12,958	£13,042	£64,422
Profit Before Tax	£2,935	£3,096	£3,270	£3,592	£3,921	£16,815
Profit After Tax	£2,377	£2,508	£2,649	£2,909	£3,176	£13,620
Change In Property Value	£5,700	£11,628	£15,116	£15,872	£11,666	£59,983
Net Return	£8,077	£14,136	£17,765	£18,781	£14,842	£73,603
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	9%	16%	20%	21%	17%	83%