	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,556	£17,819	£18,087	£18,539	£19,002	£91,003
Total Expenses	£12,925	£13,002	£13,070	£13,157	£13,246	£65,399
Profit Before Tax	£4,631	£4,818	£5,017	£5,382	£5,757	£25,604
Profit After Tax	£3,751	£3,902	£4,064	£4,360	£4,663	£20,739
Change In Property Value	£3	£5,700	£10,175	£13,539	£9,432	£38,849
Net Return	£3,754	£9,602	£14,238	£17,899	£14,095	£59,589
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	4%	11%	16%	20%	16%	68%