	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,580	£14,799	£15,021	£15,396	£15,781	£75,577
Total Expenses	£11,984	£12,056	£12,119	£12,199	£12,280	£60,639
Profit Before Tax	£2,596	£2,742	£2,901	£3,197	£3,501	£14,938
Profit After Tax	£2,102	£2,221	£2,350	£2,590	£2,836	£12,100
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£2,105	£7,521	£11,811	£15,179	£11,607	£48,223
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	59%