	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,960	£16,199	£16,442	£16,853	£17,275	£82,730
Total Expenses	£12,605	£12,679	£12,744	£12,827	£12,912	£63,767
Profit Before Tax	£3,355	£3,520	£3,698	£4,026	£4,363	£18,963
Profit After Tax	£2,718	£2,852	£2,996	£3,261	£3,534	£15,360
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£2,720	£8,452	£12,992	£16,563	£12,801	£53,528
Return From Rental Income (%)	3%	3%	3%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	62%