	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,200	£16,443	£16,854	£17,275	£17,794	£84,566
Total Expenses	£12,545	£12,615	£12,699	£12,785	£12,880	£63,524
Profit Before Tax	£3,655	£3,828	£4,155	£4,490	£4,914	£21,042
Profit After Tax	£2,961	£3,101	£3,365	£3,637	£3,980	£17,044
Change In Property Value	£6,749	£6,951	£13,126	£15,107	£16,013	£57,945
Net Return	£9,709	£10,051	£16,491	£18,744	£19,993	£74,988
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	14%	15%	24%	27%	29%	109%