	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,052	£17,478	£17,915	£18,453	£87,698
Total Expenses	£13,200	£13,271	£13,357	£13,444	£13,541	£66,813
Profit Before Tax	£3,600	£3,781	£4,121	£4,471	£4,912	£20,885
Profit After Tax	£2,916	£3,062	£3,338	£3,621	£3,979	£16,917
Change In Property Value	£7,199	£7,414	£14,001	£16,114	£17,081	£61,808
Net Return	£10,114	£10,477	£17,339	£19,735	£21,059	£78,725
Return From Rental Income (%)	4%	4%	5%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	108%