	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,052	£17,478	£17,915	£18,453	£87,698
Total Expenses	£14,313	£14,384	£14,470	£14,557	£14,654	£72,378
Profit Before Tax	£2,487	£2,668	£3,009	£3,358	£3,799	£15,321
Profit After Tax	£2,015	£2,161	£2,437	£2,720	£3,077	£12,410
Change In Property Value	£6,700	£6,868	£12,671	£16,183	£18,625	£61,046
Net Return	£8,715	£9,028	£15,108	£18,903	£21,703	£73,456
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	11%	11%	18%	23%	26%	89%