	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,404	£16,650	£17,066	£17,493	£18,018	£85,631
Total Expenses	£12,678	£12,749	£12,834	£12,920	£13,015	£64,196
Profit Before Tax	£3,726	£3,901	£4,233	£4,573	£5,003	£21,435
Profit After Tax	£3,018	£3,160	£3,429	£3,704	£4,052	£17,362
Change In Property Value	£6,834	£7,039	£13,292	£15,298	£16,216	£58,679
Net Return	£9,852	£10,199	£16,721	£19,002	£20,268	£76,041
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	14%	15%	24%	27%	29%	110%