	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,500	£16,747	£16,999	£17,424	£17,859	£85,529
Total Expenses	£14,216	£14,253	£14,288	£14,341	£14,395	£71,493
Profit Before Tax	£2,284	£2,495	£2,710	£3,082	£3,464	£14,036
Profit After Tax	£1,850	£2,021	£2,195	£2,497	£2,806	£11,369
Change In Property Value	£4	£7,500	£13,388	£17,815	£12,411	£51,118
Net Return	£1,854	£9,521	£15,583	£20,312	£15,217	£62,487
Return From Rental Income (%)	2%	2%	2%	2%	2%	9%
Total Net Return (%)	2%	8%	13%	17%	13%	52%