	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,280	£17,539	£17,802	£18,247	£18,704	£89,572
Total Expenses	£13,811	£13,849	£13,886	£13,941	£13,997	£69,485
Profit Before Tax	£3,469	£3,690	£3,916	£4,306	£4,706	£20,088
Profit After Tax	£2,810	£2,989	£3,172	£3,488	£3,812	£16,271
Change In Property Value	£4	£7,200	£12,852	£17,103	£11,915	£49,073
Net Return	£2,813	£10,189	£16,024	£20,591	£15,727	£65,344
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	57%