	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,840	£16,078	£16,480	£16,892	£17,398	£82,687
Total Expenses	£13,106	£13,176	£13,259	£13,344	£13,437	£66,322
Profit Before Tax	£2,734	£2,902	£3,221	£3,548	£3,961	£16,365
Profit After Tax	£2,215	£2,350	£2,609	£2,874	£3,208	£13,256
Change In Property Value	£4,800	£4,896	£9,988	£12,984	£13,633	£46,301
Net Return	£7,015	£7,246	£12,597	£15,858	£16,842	£59,557
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	10%	10%	17%	22%	23%	82%