	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,156	£18,428	£18,889	£19,361	£19,942	£94,777
Total Expenses	£14,726	£14,799	£14,888	£14,980	£15,080	£74,474
Profit Before Tax	£3,430	£3,629	£4,001	£4,382	£4,862	£20,303
Profit After Tax	£2,778	£2,939	£3,240	£3,549	£3,938	£16,445
Change In Property Value	£8,250	£8,498	£16,046	£18,468	£19,576	£70,837
Net Return	£11,028	£11,437	£19,287	£22,017	£23,514	£87,282
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%