	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,220	£17,478	£17,740	£18,184	£18,639	£89,261
Total Expenses	£14,179	£14,255	£14,322	£14,408	£14,496	£71,660
Profit Before Tax	£3,041	£3,224	£3,419	£3,776	£4,142	£17,602
Profit After Tax	£2,463	£2,611	£2,769	£3,058	£3,355	£14,257
Change In Property Value	£3,250	£9,848	£13,524	£15,823	£12,861	£55,305
Net Return	£5,713	£12,459	£16,293	£18,881	£16,216	£69,562
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	6%	12%	16%	18%	16%	68%