	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,160	£17,417	£17,679	£18,121	£18,574	£88,950
Total Expenses	£12,082	£12,157	£12,224	£12,310	£12,398	£61,172
Profit Before Tax	£5,079	£5,260	£5,454	£5,810	£6,175	£27,778
Profit After Tax	£4,114	£4,261	£4,418	£4,706	£5,002	£22,501
Change In Property Value	£3	£5,200	£9,282	£12,352	£8,605	£35,442
Net Return	£4,116	£9,461	£13,700	£17,058	£13,607	£57,942
Return From Rental Income (%)	5%	5%	6%	6%	6%	28%
Total Net Return (%)	5%	12%	17%	21%	17%	73%