	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,948	£16,187	£16,430	£16,841	£17,262	£82,668
Total Expenses	£12,926	£12,999	£13,065	£13,148	£13,232	£65,370
Profit Before Tax	£3,022	£3,188	£3,365	£3,693	£4,029	£17,298
Profit After Tax	£2,448	£2,582	£2,726	£2,991	£3,264	£14,011
Change In Property Value	£3	£5,800	£10,353	£13,777	£9,598	£39,531
Net Return	£2,451	£8,382	£13,079	£16,768	£12,862	£53,542
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	15%	19%	14%	59%