	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,600	£15,834	£16,072	£16,473	£16,885	£80,864
Total Expenses	£12,517	£12,553	£12,587	£12,637	£12,689	£62,983
Profit Before Tax	£3,083	£3,281	£3,485	£3,836	£4,196	£17,881
Profit After Tax	£2,497	£2,658	£2,823	£3,107	£3,399	£14,483
Change In Property Value	£3	£6,500	£11,603	£15,440	£10,756	£44,302
Net Return	£2,501	£9,158	£14,425	£18,547	£14,155	£58,786
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	57%