	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,320	£16,565	£16,813	£17,234	£17,664	£84,596
Total Expenses	£12,158	£12,233	£12,299	£12,383	£12,468	£61,541
Profit Before Tax	£4,162	£4,332	£4,515	£4,851	£5,196	£23,055
Profit After Tax	£3,371	£3,509	£3,657	£3,929	£4,209	£18,675
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£3,374	£8,809	£13,117	£16,519	£12,979	£54,798
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	4%	11%	16%	20%	16%	67%