	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,544	£19,008	£19,483	£93,305
Total Expenses	£13,883	£13,923	£13,960	£14,017	£14,075	£69,858
Profit Before Tax	£4,117	£4,347	£4,584	£4,991	£5,408	£23,447
Profit After Tax	£3,335	£3,521	£3,713	£4,042	£4,380	£18,992
Change In Property Value	£3,600	£10,908	£14,980	£17,527	£14,246	£61,261
Net Return	£6,935	£14,429	£18,693	£21,569	£18,626	£80,253
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	6%	13%	16%	19%	16%	70%