	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,924	£16,163	£16,405	£16,815	£17,236	£82,543
Total Expenses	£12,549	£12,586	£12,620	£12,672	£12,724	£63,151
Profit Before Tax	£3,375	£3,577	£3,785	£4,144	£4,511	£19,392
Profit After Tax	£2,734	£2,898	£3,066	£3,356	£3,654	£15,708
Change In Property Value	£3,250	£9,848	£13,524	£15,823	£12,861	£55,305
Net Return	£5,984	£12,745	£16,590	£19,179	£16,515	£71,013
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	6%	12%	16%	19%	16%	69%