	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,428	£16,674	£16,925	£17,348	£17,781	£85,156
Total Expenses	£13,887	£13,924	£13,959	£14,012	£14,066	£69,847
Profit Before Tax	£2,541	£2,751	£2,965	£3,336	£3,715	£15,309
Profit After Tax	£2,058	£2,228	£2,402	£2,702	£3,010	£12,400
Change In Property Value	£3,650	£11,060	£15,188	£17,770	£14,443	£62,112
Net Return	£5,708	£13,287	£17,590	£20,472	£17,453	£74,512
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	5%	11%	15%	18%	15%	64%