	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,328	£17,588	£17,852	£18,298	£18,755	£89,821
Total Expenses	£13,868	£13,944	£14,011	£14,098	£14,186	£70,107
Profit Before Tax	£3,460	£3,644	£3,840	£4,200	£4,569	£19,714
Profit After Tax	£2,803	£2,952	£3,111	£3,402	£3,701	£15,968
Change In Property Value	£6,300	£12,852	£16,708	£17,543	£12,894	£66,297
Net Return	£9,103	£15,804	£19,818	£20,945	£16,595	£82,265
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	9%	16%	20%	21%	17%	83%