	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,400	£20,706	£21,017	£21,542	£22,081	£105,745
Total Expenses	£16,910	£16,991	£17,063	£17,157	£17,254	£85,374
Profit Before Tax	£3,490	£3,715	£3,954	£4,385	£4,827	£20,371
Profit After Tax	£2,827	£3,009	£3,203	£3,552	£3,910	£16,501
Change In Property Value	£4,000	£12,120	£16,645	£19,474	£15,828	£68,068
Net Return	£6,827	£15,129	£19,847	£23,026	£19,738	£84,568
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	5%	12%	15%	18%	15%	66%