	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,700	£14,920	£15,144	£15,523	£15,911	£76,199
Total Expenses	£11,623	£11,657	£11,690	£11,738	£11,787	£58,495
Profit Before Tax	£3,078	£3,263	£3,455	£3,785	£4,124	£17,704
Profit After Tax	£2,493	£2,643	£2,798	£3,066	£3,340	£14,340
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£2,496	£8,643	£13,508	£17,318	£13,269	£55,234
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	19%	14%	59%