	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,504	£15,737	£15,973	£16,372	£16,781	£80,366
Total Expenses	£12,025	£12,060	£12,094	£12,145	£12,196	£60,520
Profit Before Tax	£3,479	£3,676	£3,878	£4,227	£4,585	£19,846
Profit After Tax	£2,818	£2,978	£3,141	£3,424	£3,714	£16,075
Change In Property Value	£4,650	£11,013	£14,655	£17,016	£12,507	£59,840
Net Return	£7,468	£13,990	£17,796	£20,440	£16,221	£75,915
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	8%	14%	18%	21%	17%	78%