	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,620	£16,869	£17,291	£17,723	£18,255	£86,759
Total Expenses	£14,176	£14,247	£14,332	£14,419	£14,515	£71,689
Profit Before Tax	£2,444	£2,622	£2,959	£3,304	£3,740	£15,070
Profit After Tax	£1,980	£2,124	£2,397	£2,676	£3,030	£12,207
Change In Property Value	£6,625	£6,791	£12,529	£16,002	£18,417	£60,363
Net Return	£8,605	£8,915	£14,926	£18,678	£21,446	£72,570
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	11%	18%	23%	26%	89%