	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,556	£17,819	£18,265	£18,721	£19,283	£91,645
Total Expenses	£14,468	£14,540	£14,628	£14,717	£14,816	£73,169
Profit Before Tax	£3,088	£3,279	£3,637	£4,004	£4,467	£18,476
Profit After Tax	£2,501	£2,656	£2,946	£3,243	£3,618	£14,965
Change In Property Value	£3	£3	£5,400	£9,639	£12,827	£27,872
Net Return	£2,504	£2,659	£8,346	£12,883	£16,445	£42,837
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	16%	20%	52%