	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,484	£20,894	£21,416	£21,951	£22,500	£107,245
Total Expenses	£16,744	£16,831	£16,927	£17,024	£17,122	£84,648
Profit Before Tax	£3,740	£4,062	£4,489	£4,927	£5,379	£22,598
Profit After Tax	£3,029	£3,290	£3,636	£3,991	£4,357	£18,304
Change In Property Value	£9,600	£9,888	£16,974	£21,388	£22,671	£80,521
Net Return	£12,629	£13,178	£20,611	£25,379	£27,028	£98,825
Return From Rental Income (%)	3%	3%	3%	4%	4%	16%
Total Net Return (%)	11%	12%	18%	23%	24%	88%