	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,500	£16,747	£17,166	£17,595	£18,123	£86,132
Total Expenses	£10,879	£10,915	£10,967	£11,021	£11,085	£54,867
Profit Before Tax	£5,622	£5,833	£6,199	£6,574	£7,039	£31,266
Profit After Tax	£4,553	£4,725	£5,021	£5,325	£5,701	£25,325
Change In Property Value	£5,500	£5,638	£10,401	£13,285	£15,289	£50,113
Net Return	£10,053	£10,362	£15,422	£18,610	£20,991	£75,438
Return From Rental Income (%)	7%	7%	7%	8%	9%	38%
Total Net Return (%)	15%	15%	23%	28%	31%	113%