	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	£12,362	£12,398	£12,432	£12,483	£12,535	£62,208
Profit Before Tax	£3,310	£3,509	£3,714	£4,067	£4,428	£19,029
Profit After Tax	£2,681	£2,843	£3,008	£3,294	£3,587	£15,414
Change In Property Value	£3	£6,399	£11,422	£15,200	£10,589	£43,614
Net Return	£2,685	£9,242	£14,431	£18,494	£14,176	£59,027
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	59%