	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,136	£17,564	£18,004	£18,454	£87,958
Total Expenses	£13,202	£13,282	£13,367	£13,455	£13,543	£66,849
Profit Before Tax	£3,598	£3,854	£4,197	£4,548	£4,911	£21,108
Profit After Tax	£2,914	£3,122	£3,400	£3,684	£3,978	£17,098
Change In Property Value	£7,200	£7,416	£12,731	£16,041	£17,003	£60,391
Net Return	£10,114	£10,538	£16,130	£19,725	£20,981	£77,489
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	12%	13%	20%	24%	26%	94%