	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,200	£16,443	£16,690	£17,107	£17,535	£83,974
Total Expenses	£13,273	£13,347	£13,412	£13,496	£13,581	£67,109
Profit Before Tax	£2,928	£3,096	£3,277	£3,611	£3,953	£16,865
Profit After Tax	£2,371	£2,508	£2,655	£2,925	£3,202	£13,661
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£2,374	£8,508	£13,365	£17,177	£13,131	£54,555
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	58%