	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,100	£16,342	£16,750	£17,169	£17,684	£84,044
Total Expenses	£12,735	£12,805	£12,889	£12,975	£13,069	£64,474
Profit Before Tax	£3,365	£3,536	£3,861	£4,194	£4,615	£19,570
Profit After Tax	£2,725	£2,864	£3,127	£3,397	£3,738	£15,852
Change In Property Value	£6,900	£7,107	£13,420	£15,446	£16,372	£59,245
Net Return	£9,625	£9,971	£16,548	£18,843	£20,110	£75,097
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	14%	14%	24%	27%	29%	107%