	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,700	£21,010	£21,536	£22,074	£22,736	£108,057
Total Expenses	£15,973	£16,050	£16,145	£16,243	£16,352	£80,761
Profit Before Tax	£4,728	£4,961	£5,391	£5,831	£6,385	£27,295
Profit After Tax	£3,829	£4,018	£4,366	£4,723	£5,172	£22,109
Change In Property Value	£6,000	£6,120	£12,485	£16,230	£17,042	£57,877
Net Return	£9,829	£10,138	£16,851	£20,954	£22,213	£79,986
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	11%	11%	18%	22%	24%	86%