	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,500	£16,747	£17,166	£17,595	£18,123	£86,132
Total Expenses	£13,569	£13,640	£13,724	£13,811	£13,907	£68,650
Profit Before Tax	£2,931	£3,108	£3,442	£3,784	£4,217	£17,482
Profit After Tax	£2,374	£2,517	£2,788	£3,065	£3,415	£14,160
Change In Property Value	£7,500	£7,725	£14,587	£16,789	£17,796	£64,397
Net Return	£9,874	£10,242	£17,375	£19,854	£21,212	£78,558
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%