	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,280	£17,539	£17,802	£18,247	£18,704	£89,572
Total Expenses	£11,450	£11,526	£11,593	£11,680	£11,768	£58,017
Profit Before Tax	£5,830	£6,013	£6,209	£6,568	£6,936	£31,556
Profit After Tax	£4,722	£4,871	£5,029	£5,320	£5,618	£25,560
Change In Property Value	£4,800	£9,792	£12,730	£13,366	£9,824	£50,512
Net Return	£9,522	£14,663	£17,759	£18,686	£15,442	£76,072
Return From Rental Income (%)	6%	7%	7%	7%	8%	35%
Total Net Return (%)	13%	20%	24%	26%	21%	104%