	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	£12,126	£12,201	£12,268	£12,353	£12,440	£61,387
Profit Before Tax	£4,674	£4,851	£5,040	£5,388	£5,744	£25,697
Profit After Tax	£3,786	£3,929	£4,082	£4,364	£4,653	£20,814
Change In Property Value	£3	£5,250	£9,371	£12,471	£8,688	£35,782
Net Return	£3,789	£9,179	£13,454	£16,835	£13,341	£56,597
Return From Rental Income (%)	5%	5%	5%	5%	6%	26%
Total Net Return (%)	5%	11%	17%	21%	17%	70%