	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,916	£18,185	£18,639	£19,105	£19,679	£93,524
Total Expenses	£14,899	£14,971	£15,060	£15,150	£15,250	£75,331
Profit Before Tax	£3,017	£3,213	£3,579	£3,955	£4,428	£18,193
Profit After Tax	£2,444	£2,603	£2,899	£3,204	£3,587	£14,736
Change In Property Value	£2,800	£2,827	£8,567	£11,766	£13,766	£39,726
Net Return	£5,244	£5,430	£11,467	£14,969	£17,353	£54,463
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	6%	6%	13%	17%	20%	63%