	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,352	£20,657	£20,967	£21,491	£22,029	£105,496
Total Expenses	£15,940	£16,020	£16,092	£16,187	£16,283	£80,523
Profit Before Tax	£4,412	£4,637	£4,875	£5,305	£5,746	£24,974
Profit After Tax	£3,574	£3,756	£3,948	£4,297	£4,654	£20,229
Change In Property Value	£7,400	£15,096	£19,625	£20,606	£15,145	£77,872
Net Return	£10,974	£18,852	£23,573	£24,903	£19,799	£98,101
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	9%	16%	20%	21%	17%	83%