	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,756	£19,037	£19,513	£20,001	£20,601	£97,909
Total Expenses	£14,985	£15,059	£15,149	£15,242	£15,345	£75,779
Profit Before Tax	£3,771	£3,979	£4,364	£4,759	£5,257	£22,130
Profit After Tax	£3,055	£3,223	£3,535	£3,855	£4,258	£17,925
Change In Property Value	£2,800	£2,828	£8,569	£11,768	£13,768	£39,733
Net Return	£5,855	£6,051	£12,104	£15,623	£18,026	£57,658
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	7%	7%	14%	18%	21%	67%