	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,856	£18,124	£18,577	£19,041	£19,613	£93,211
Total Expenses	£13,903	£13,976	£14,064	£14,154	£14,254	£70,350
Profit Before Tax	£3,953	£4,148	£4,513	£4,887	£5,359	£22,861
Profit After Tax	£3,202	£3,360	£3,656	£3,959	£4,341	£18,517
Change In Property Value	£8,925	£9,237	£15,024	£17,291	£18,329	£68,806
Net Return	£12,127	£12,598	£18,680	£21,250	£22,669	£87,323
Return From Rental Income (%)	4%	4%	5%	5%	6%	24%
Total Net Return (%)	16%	16%	24%	27%	29%	112%