	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,784	£21,096	£21,623	£22,164	£22,829	£108,495
Total Expenses	£15,860	£15,937	£16,033	£16,131	£16,240	£80,202
Profit Before Tax	£4,924	£5,158	£5,590	£6,033	£6,588	£28,293
Profit After Tax	£3,988	£4,178	£4,528	£4,887	£5,337	£22,918
Change In Property Value	£7,424	£7,610	£14,040	£17,932	£20,638	£67,643
Net Return	£11,412	£11,788	£18,568	£22,818	£25,974	£90,560
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	12%	13%	20%	25%	28%	98%