	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,052	£17,308	£17,740	£18,184	£87,084
Total Expenses	£13,441	£13,479	£13,515	£13,569	£13,624	£67,627
Profit Before Tax	£3,359	£3,573	£3,793	£4,172	£4,560	£19,457
Profit After Tax	£2,721	£2,894	£3,072	£3,379	£3,694	£15,760
Change In Property Value	£3,500	£10,605	£14,564	£17,040	£13,850	£59,559
Net Return	£6,221	£13,499	£17,637	£20,419	£17,544	£75,320
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	6%	12%	16%	18%	16%	68%