	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,500	£16,830	£17,167	£17,596	£18,036	£86,128
Total Expenses	£13,303	£13,386	£13,460	£13,545	£13,632	£67,325
Profit Before Tax	£3,198	£3,445	£3,706	£4,051	£4,404	£18,803
Profit After Tax	£2,590	£2,790	£3,002	£3,281	£3,567	£15,231
Change In Property Value	£9,000	£15,450	£19,467	£20,635	£18,228	£82,780
Net Return	£11,590	£18,240	£22,469	£23,916	£21,795	£98,010
Return From Rental Income (%)	2%	3%	3%	3%	3%	15%
Total Net Return (%)	11%	17%	21%	23%	21%	94%