	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,544	£17,807	£18,074	£18,526	£18,989	£90,941
Total Expenses	£14,018	£14,095	£14,162	£14,249	£14,338	£70,863
Profit Before Tax	£3,526	£3,713	£3,912	£4,277	£4,651	£20,078
Profit After Tax	£2,856	£3,007	£3,169	£3,464	£3,767	£16,263
Change In Property Value	£3	£6,380	£11,388	£15,155	£10,558	£43,484
Net Return	£2,859	£9,387	£14,557	£18,619	£14,325	£59,748
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	15%	19%	14%	60%