	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£15,861	£16,258	£16,664	£79,806
Total Expenses	£12,388	£12,461	£12,525	£12,607	£12,690	£62,671
Profit Before Tax	£3,008	£3,166	£3,336	£3,651	£3,974	£17,136
Profit After Tax	£2,437	£2,565	£2,702	£2,957	£3,219	£13,880
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£2,439	£8,065	£12,520	£16,022	£12,321	£51,366
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	10%	15%	19%	15%	61%