	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,220	£17,478	£17,740	£18,184	£18,639	£89,261
Total Expenses	£12,679	£12,717	£12,754	£12,808	£12,865	£63,823
Profit Before Tax	£4,541	£4,761	£4,987	£5,376	£5,774	£25,439
Profit After Tax	£3,678	£3,856	£4,039	£4,354	£4,677	£20,605
Change In Property Value	£6,500	£13,260	£17,238	£18,100	£13,303	£68,401
Net Return	£10,178	£17,116	£21,277	£22,454	£17,980	£89,007
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	10%	17%	21%	22%	18%	87%