	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,256	£17,515	£17,778	£18,222	£18,678	£89,448
Total Expenses	£14,291	£14,330	£14,366	£14,421	£14,477	£71,885
Profit Before Tax	£2,965	£3,185	£3,411	£3,801	£4,200	£17,563
Profit After Tax	£2,401	£2,580	£2,763	£3,079	£3,402	£14,226
Change In Property Value	£3,750	£11,363	£15,605	£18,257	£14,839	£63,813
Net Return	£6,151	£13,943	£18,368	£21,336	£18,241	£78,039
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	5%	12%	15%	18%	15%	65%