	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,400	£17,661	£17,926	£18,374	£18,833	£90,194
Total Expenses	£11,893	£11,931	£11,968	£12,023	£12,080	£59,894
Profit Before Tax	£5,508	£5,730	£5,958	£6,351	£6,754	£30,300
Profit After Tax	£4,461	£4,641	£4,826	£5,144	£5,470	£24,543
Change In Property Value	£3,000	£9,090	£12,484	£14,606	£11,871	£51,051
Net Return	£7,461	£13,731	£17,310	£19,750	£17,342	£75,594
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	8%	15%	19%	21%	19%	81%