	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,224	£16,467	£16,714	£17,132	£17,561	£84,099
Total Expenses	£13,114	£13,188	£13,254	£13,338	£13,423	£66,317
Profit Before Tax	£3,110	£3,279	£3,460	£3,795	£4,137	£17,781
Profit After Tax	£2,519	£2,656	£2,803	£3,074	£3,351	£14,403
Change In Property Value	£3	£5,900	£10,532	£14,015	£9,763	£40,213
Net Return	£2,522	£8,556	£13,334	£17,088	£13,115	£54,615
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	15%	19%	14%	60%