	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,840	£16,078	£16,480	£16,892	£17,398	£82,687
Total Expenses	£13,104	£13,174	£13,257	£13,342	£13,435	£66,312
Profit Before Tax	£2,736	£2,904	£3,223	£3,550	£3,963	£16,375
Profit After Tax	£2,216	£2,352	£2,610	£2,875	£3,210	£13,264
Change In Property Value	£7,199	£7,414	£14,001	£16,114	£17,081	£61,808
Net Return	£9,415	£9,767	£16,611	£18,989	£20,291	£75,072
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	103%