	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,856	£15,079	£15,305	£15,688	£16,080	£77,007
Total Expenses	£12,173	£12,245	£12,309	£12,389	£12,471	£61,586
Profit Before Tax	£2,683	£2,834	£2,996	£3,299	£3,609	£15,421
Profit After Tax	£2,173	£2,295	£2,427	£2,672	£2,923	£12,491
Change In Property Value	£3	£5,400	£9,639	£12,827	£8,936	£36,805
Net Return	£2,176	£7,695	£12,066	£15,499	£11,859	£49,296
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	59%